Riverside Acquires Orthodontic Design and Production

Riverside Acquires Orthodontic Design and Production

The Riverside Company has acquired Orthodontic Design and Production (ODP), a manufacturer of orthodontic appliances. The operations of ODP will be coordinated with Riverside’s existing platform company G&H Wire Company, a manufacturer and supplier of orthodontic products.

Orthodontic Design and Production sells branded and private label orthodontic brackets, bands and buccal tubes through more than 175 distributors in 62 countries. The company was founded in 1992 and is based in Vista, CA (www.odpinc.com).

G&H Wire Company is a manufacturer and supplier of orthodontic products including arch wires, springs and elastomerics, and other ancillary products. Riverside acquired G&H Wire in 2010. The company is based in Franklin, IN (www.ghwire.com).

“This acquisition complements G&H Wire perfectly in terms of products and strategy,” said Riverside Partner Chris Jones. “It adds advanced capabilities in brackets, bands and tubes, which rounds out G&H’s offering and makes it a reliable single source for our global customer base.”

Working with Mr. Jones on the transaction for Riverside were Vice President Martha Sciaraffo, Vice President Rob Langley, Associate Max Moehlmann, Operating Partner George Benson, Operating Executives Hayden Cotterill and Tom Snyder. Joseph Ibrahim, Principal of Healthcare Origination, sourced the investment opportunity for Riverside. The acquisition was Riverside’s 62nd healthcare acquisition, making it the firm’s most active specialization.

Golub Capital and Maranon Capital provided financing for the transaction, Jones Day provided legal counsel on the transaction, and Deloitte provided accounting due diligence.

The Riverside Company is a private equity firm focused on the smaller end of the middle market (“SEMM”). Riverside specializes in investing in SEMM companies (those valued up to $200 million) and partners with management teams to build companies through acquisitions and value-added growth. Since 1988, the firm has invested in 290 transactions with a total enterprise value of more than $6 billion. The firm is headquartered New York with additional offices in Atlanta, Chicago, Cleveland, Dallas, Los Angeles, San Francisco, and London (www.riversidecompany.com).

© 2012 PEPD • Private Equity’s Leading News Magazine • 8-22-12

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