Dental manufacturer looks to expand product portfolio and operations after acquisition by private equity investment firm.
Racine, Wisconsin-based dental manufacturer Vista Apex has been acquired by Behrman Capital, a p rivate equity investment firm based in New York.
Vista Apex manufactures a variety of consumable dental products for preventative oral hygiene, endodontics, and restorative dentistry, including RE-GEN™ Bioactive Bulk Fill Composite, a popular bulk fill, dual-cure methacrylate based material formulated to allow clinicians to fill all classes of restorations without shrinkage stresses, depth of cure worries, or voids. Financial terms of the transaction were not disclosed.
Vista Apex has served the dental industry for more than 25 years and has a longstanding tradition of product innovation, backed by its in-house research and development team. The company takes a "clinician-first" approach to product development, and holds over 50 patents. Vista Apex supplies customers in the U.S. and internationally from its manufacturing facilities in Racine, St. Louis, Missouri, and China.
"Vista Apex is a proven company with a track record of success in the healthcare sector. Its innovative in-house research team and trusted customer relationships support a strong business, well-positioned for further expansion,” Grant G. Behrman, managing partner of Behrman Capital, says in a press release. “We're looking forward to working with the VistaApex management team to advance their growth strategy, including plans to grow the product portfolio and expand the company's offering through strategic M&A [mergers and acquisitions]."
Vista Apex's management team, led by Chief Executive Officer Scott Lamerand, will continue to lead the company under Behrman's ownership, the companies state.
"This is a transformative development for Vista Apex,” Lamerand adds in the press release. “Behrman Capital's deep healthcare and manufacturing experience makes them the ideal partner for our next phase of advancement as we seek to expand our operations and product portfolio to become the premier provider of 'total tooth' care solutions."
Founded in 1997, Vista Apex is a vertically integrated manufacturer of consumable dental products—many for use in endodontics—as well as small equipment including handpieces and burs.