Victory Park Capital (VPC) has provided a credit facility to help refinance existing debt and finance working capital for Beacon Bay Holdings’ portfolio company Dental Lab Holdings.
VPC has also committed additional funding in support of future acquisitions for DLH’s expansion in the dental lab industry.
“As a recognised player in the dental lab sector with a strong reputation of delivering quality products, DLH is well positioned to execute on its acquisition strategy to acquire new labs and elevate its relationships with customers,” says Jason Brown (pictured), partner at VPC. “Our partnership combined with Beacon Bay’s expertise in leading operations and sourcing new acquisitions will foster a strong value creation opportunity.”
Founded in 2012 with the acquisition of Southern California-based da Vinci Dental Studios, DLH has continued to acquire reputable labs, including The Winter Laboratory and NuLife Long Island. DLH delivers a wide range of quality products ranging from fixed and removable restorations to complex implant prosthetics and closely partners with its doctors to best service patients and grow the practice.
Jennifer Stewart, managing partner at Beacon Bay, adds: “We look forward to collaborating with VPC to help support the growth of DLH’s business through future lab acquisitions in strategic markets and continuing to develop and improve its quality products, services and capabilities.”
