., חברת השתלות
השיניים העצמאית הגדולה ביותר הפועלת בצפון אמריקה, הודיעה היום על מימון של 25 מיליון דולר. את סבב הגיוס הובילה Nantahala, בהשתתפות Accelmed ומשקיע העוגן של Accelmed , מגדל ביטוח.
Keystone Dental Announces Completion of
$25 Million Financing to Accelerate Growth of Dental Implant and Digital
Dentistry Portfolio
BURLINGTON,
Mass., Sept. 01, 2021, (GLOBE NEWSWIRE):
Keystone Dental Inc.
(“Keystone”), the largest independent dental implant company operating in North
America, today announced a $25 million financing. The financing round was led
by Nantahala, with participation from Accelmed and
Accelmed’s anchor investor, Migdal Insurance.
Proceeds from
the financing were used to support Keystone’s acquisition of Osteon Medical, a
commercial stage leader in breakthrough dental implant solutions. In addition,
remaining funds will be used for continued growth, including market expansion
activities and other strategic investments. Key areas of focus are a highly
innovative dental implant product portfolio in combination with market leading
digital capability.
“It is a great
honor to have such strong support from well-known investors on our journey of
providing the global dental implant market with a comprehensive, world-class
portfolio,” said Melker Nilsson, CEO of Keystone. “These funds provide us with
the additional capital we need for the acquisition of Osteon Medical. In
addition, this financing delivers us working capital for the further
acceleration of our anticipated growth, including exploration of organic as
well as other in-organic initiatives within the dental implant market. We are
very excited about the opportunities ahead.”
Dr. Uri Geiger,
Managing Partner at Accelmed and Chairman of Keystone, commented, “In just
three years, Keystone’s leadership team, supported by Accelmed, executed a
complete turnaround of the business, transforming it into a rapidly-growing
company rife with innovation and a market leader in the premium-value dental
segment in the US. The acquisitions of Paltop Advanced Dental Solutions LTD in
2019 and Osteon Medical, announced earlier today, further establish Keystone’s
leadership position in this $5 billion market opportunity. We are confident
that these growth initiatives, combined with robust digital capabilities, and a
premium-value product portfolio, ensure that Keystone is well-poised for
continued growth.”
About
Accelmed Partners
Accelmed is a
U.S.-based private equity firm focused on acquiring and investing in U.S.
commercial stage, lower middle market HealthTech companies. Since 2009,
Accelmed has deployed over $400 million into companies spanning medical
devices, diagnostics, digital health and technology-enabled healthcare
services, Accelmed seeks to accelerate value and scale innovation across the
HealthTech field by bringing to bear the team’s industry experience,
operational and financial expertise, and strong global relationships. For more
information, please visit https://www.accelmed.com
About
Keystone Dental Inc.
Keystone Dental
is an oral healthcare company dedicated to the delivery of breakthrough dental
implant, biomaterial technologies and providing a highly innovative digital
workflow. Headquartered in Burlington, Massachusetts with manufacturing and
distribution facilities in Irvine, California, Keystone markets its products
worldwide and is the largest independent dental implant company in North
America. The company’s product portfolio includes proprietary offerings such as
Genesis – The Biomimetic Implant System™, the TILOBEMAXX™, PrimaConnex® and
Prima Plus™ Implant Systems, the DynaMatrix® Extracellular
Membrane, and the DynaBlast® and DynaGraft® bone
graft substitutes. For more information, refer to www.keystonedental.com
אין תגובות:
הוסף רשומת תגובה
שים לב: רק חברים בבלוג הזה יכולים לפרסם תגובה.