Zest Anchors Inc. bought by Jordan Company LP
A recent article published on the Web site of Buyouts magazine announced the purchase of Zest Anchors Inc. of Escondido, Calif. by the Jordan Company LP. Zest Anchors is a leading manufacturer of attachments used to secure dentures and implant retained overdentures. According to the article, Jordan Company purchased a majority stake while Zuest and other shareholders retain a 25 percent stake. Equity for the investment will come out of The Resolute Fund II LP, according to a regulatory filing. The deal closed Dec. 31.
A recent article published on the Web site of Buyouts magazine announced the purchase of Zest Anchors Inc. of Escondido, Calif. by the Jordan Company LP. Zest Anchors is a leading manufacturer of attachments used to secure dentures and implant retained overdentures.
According to the article, Jordan Company purchased a majority stake while Zuest and other shareholders retain a 25 percent stake. Equity for the investment will come out of The Resolute Fund II LP, according to a regulatory filing. The deal closed Dec. 31.
Founded in 1972 and headquartered in Escondido, California, Zest is a second-generation, family owned and operated manufacturer of overdenture attachments. As dental implants have gained acceptance within the dental community, the implant industry has grown from an estimated $900 million in global annual sales in 2001 to $3.1 billion in 2008. In 2001, Zest launched its patented LOCATOR® product line, which has achieved worldwide acceptance as the premier removable overdenture attachment device.
