An affiliate of leveraged buy-out specialist Sun Capital Partners is to acquire ClearChoice Holdings, which serves ClearChoice Dental Implant Centers, a national network of providers delivering same-day dental implant services in the US.
Terms of the private transaction have not been disclosed.
Founded in 2004, the ClearChoice network currently includes 39 dental implant centres in 22 states. The Company supports the network of professionals who provide complex, full-mouth dental implant restorations which restore the function and aesthetics of healthy, natural teeth using a multi-disciplinary approach that uniquely combines surgical, restorative, and laboratory functions in an all-in-one centre. The Company is headquartered in Greenwood Village, Colorado.
“ClearChoice represents a great opportunity for Sun Capital to leverage its experience with service-oriented, consumer-facing businesses,” says Marc Leder, Co-CEO at Sun Capital. “We’re excited at the prospect of working with the management team to manage growth and improve patient access to care by increasing operational efficiency. In addition, we plan to expand new centre development infrastructure and to invest in digital marketing capabilities to increase awareness of this life-changing procedure.”
The ClearChoice network focuses on implant solutions that address the needs of patients with significant tooth loss, known as “edentulism,” an underserved and increasingly prevalent condition. The ClearChoice approach provides a same-day, “graft-less” solution, in which four implants and new dentition are installed per arch in a single procedure that restores up to 90 per cent of chewing capacity. In contrast, the traditional bone-grafting method typically may require six to eight implants per arch fitted in multiple surgeries over several months, and can cost significantly more.
“ClearChoice has helped improve the quality of life for tens of thousands of people over the past 13 years with our affiliated providers’ unique dental implant approach, and we are excited to partner with Sun Capital as we move forward,” says Kevin Mosher, CEO of ClearChoice Holdings. “Sun’s expertise in growing consumer-facing businesses while enhancing the customer experience will be incredibly valuable as ClearChoice looks to serve an increasing number of people around the country.”