With this transaction, Young Innovations further strengthens its commitment to the oral surgery market.
Leading global dental products supplier, Young Innovations, has officially disclosed its acquisition of Salvin Dental Specialties (Salvin). Headquartered in Charlotte, North Carolina, Salvin is a provider of regenerative biomaterials, surgical instrumentation, supplies, and equipment tailored for implant dentistry.
"I am exceptionally proud of the company we've built for over 40 years with our valued employees, customers, and partners," Bob Salvin, founder and CEO of Salvin, expresses in a press release. "We have achieved our goal of creating a business focused on providing everything for the implant practice but the implants. Thanks to our strong team, culture, and focus, we are well positioned for continued success. We are excited to be partnered with Young in this new chapter of growth for Salvin."
Salvin Dental / Salvin Regenerative is a well-established global leader in regenerative products and specialized surgical instrumentation for oral surgery and implant dentistry.
"Salvin takes great pride in delivering an exceptional customer experience and clinical support to implant practices, with a robust product line specifically designed by the Salvin team to meet the unique needs of this specialty segment," states Dave Sproat, CEO of Young Innovations, in the press release. "We are excited to support the ongoing growth of Salvin's business, employees, customers, vendors, and brand as a part of our broader global portfolio."
Young Innovations, located in Algonquin, Illinois, features a wide portfolio of products that include infection control products, endodontics, imaging, handpieces, and more.
"Our acquisition of Salvin reflects our continued commitment to invest in the oral surgery market. The combination of Salvin and Young now makes us the largest dental implant-agnostic supplier in the industry," adds Steve Clareen, vice president/general manager at Young Innovations, in the press release. "The leadership team at Salvin is exceptional. They have built a fantastic business with a respected portfolio. We look forward to working together to drive additional value to Salvin's customers and the patients they serve."
Bob Salvin will continue to serve as an adviser to Young Innovations, providing counsel and support for the Salvin team and its customers. William Simmons, CEO, and Greg Slayton, president, will maintain their roles in offering daily leadership and management for the business from Charlotte. Importantly, there are no changes to ordering and service procedures for customers or vendors.
Young Innovations, Inc. operates as a portfolio company of TJC, L.P. The globally recognized manufacturer and distributor, caters to the needs of dentists, oral surgeons, periodontists, hygienists, dental assistants, and consumers. Their brand portfolio includes products that hold leadership positions in the preventive, restorative, orthodontic, endodontic, surgical, and diagnostic segments. With a mission of “Creating Smiles, Creating Possibilities,” the company is committed to delivering innovative, high-quality products and solutions to clinicians and their patients. They actively seek opportunities to enhance their portfolio through both organic growth and strategic acquisitions, aiming to broaden the scope and growth potential of their product and service offerings. Young Innovations is primarily owned by an affiliated fund managed by TJC, L.P., along with the Young Innovations management team.