Edgewater Growth Capital Partners II, L.P. (Edgewater) is pleased to announce the recent sale of its portfolio company Dental Holdings Corporation, doing business as Dental Services Group (“DSG” or the “Company”). DSG owns and operates the largest network of dental laboratories in North America. The Company manufactures and supplies dental prosthetic solutions including dentures, implants, orthodontic and sleep therapy products to over 10,000 customers, ranging from the largest dental practice management companies to individual dental practitioners. DSG was acquired by Cressey & Company, a highly respected private equity firm focused on health care industry investments.
Edgewater recruited an outstanding management team who successfully led the Company to become a low cost manufacturer, producing a wide range of quality products across every price point. The team completed 14 acquisitions to expand DSG’s product line and market coverage which resulted in a revenue growth rate that has outpaced the industry since 2011.