Young Innovations Announces Acquisition of Medical Products Laboratories’ Professional Dental Contract Manufacturing Division
Algonquin, IL, August 4, 2015 – Young Innovations (“Young”), a leading global manufacturer of dental supplies and equipment, today announced the acquisition of the professional dental contract manufacturing division of Medical Products Laboratories, Inc. (“MPL PDCMD”). MPL PDCMD manufactures fluoride varnish, prophy paste and other materials used in preventive and restorative dental procedures.
“This acquisition marks the continued strategic expansion of our business in attractive, high-growth segments,” said Dave Sproat, CEO of Young, “We expect to continue to grow our relationships with new and existing OEM customers and expand the product offering in our leading preventive and restorative brands.”
“Young is an ideal steward of MPL PDCMD in the next phase of its growth,” said Elliot Stone, CEO of Medical Products Laboratories, Inc. “We are confident that our customers will be well-served by Young, given its track record of manufacturing high-quality dental products and supporting the growth of diverse OEM customers.”
MPL PDCMD’s customers will be served by Young’s dedicated OEM business, Bridge2 Dental, or by Young Dental. Manufacturing will ultimately be based at Young’s facility in Earth City, MO. There are no immediate changes to ordering and customer service procedures. Current MPL PDCMD customers and vendors will receive updates directly in the next few days.
Young Innovations, Inc. is a portfolio company of Linden Capital Partners.
About Young Innovations, Inc.
Young develops, manufactures and markets supplies and equipment used by dentists, dental hygienists, dental assistants and consumers. The Company’s consumables product offering includes disposable and metal prophy angles, prophy cups and brushes, dental micro-applicators, moisture control products, infection control products, dental handpieces (drills) and related components, endodontic systems, orthodontic toothbrushes, flavored examination gloves and other products. In addition, the Company offers a line of diagnostic products that includes panoramic X-ray machines and related supplies.
About Linden Capital Partners
Linden Capital Partners is a Chicago-based private equity firm focused exclusively on leveraged buyouts in the healthcare and life sciences industries. Linden’s strategy is based upon three elements: i) healthcare and life science industry specialization, ii) integrated private equity and operating expertise, and iii) strategic relationships with large corporations. Linden invests in middle market platforms in the medical products, specialty distribution, pharmaceutical, and services segments of healthcare.