MINNEAPOLIS, Dec. 8, 2005 (PRIMEZONE) -- Bolder Capital, LLC today announced it sponsored the management led buyout of Dental Services Group ("DSG" or "Company").
DSG is a rapidly growing dental laboratory company that shares a common mission with its customers, "to promote the products and services that assist in achieving the highest degree of patient satisfaction and practice success."
"Bolder's resources and strategic leadership are a perfect fit for DSG," according to President and CEO Robert Ditta. "We look forward to working with our new partners and appreciate the strategic value of Bolder, which will allow us to achieve our long-term strategic growth plan." In addition, Ditta stated that Joseph Gerace will continue as Senior Vice President, George Obst and Ojars Papedis will retire but will continue with DSG on a consulting basis and that Keith Adams will be named Director of Finance.
"We are very excited to have the opportunity to partner with the DSG management team and believe that DSG has the unique opportunity to enhance and further develop the dental laboratory industry with its leading edge technology and commitment to customer service," said Todd Hamilton, Managing Director of Bolder Capital.
About Dental Services Group
Dental Services Group consists of dental laboratories throughout the United States, Canada and Mexico. DSG meets the oral restoration needs of over 10,000 dentists with a skilled team of over 800-laboratory specialists. They blend advanced techniques, quality materials and leading edge technology with a commitment to superior service.
In addition to DSG's ongoing commitment to improving the quality of oral health, DSG has also developed the Dental Services Group Dental Advisory Board. The Board consults with dentists from across the United States and Canada to research new products and services and to identify the future needs of dentistry and continuing dental education. For more information please visit www.dentalservices.net.
About Bolder Capital
Bolder Capital is a private investment firm established to find and invest in middle market companies for long-term value creation. Bolder primarily co-invests with JZ Equity Partners and The Edgewater Funds (the "Co-Investors") and works closely with these funds or their advisors to find appropriate investments. Bolder Capital, the Co-Investors and their advisors bring over 50 years of combined investment experience and substantial financial resources in excess of $1.0 Billion in capital. In addition, the Co-Investors and their advisors have extensive operating experience in a broad range of industries, having acquired or funded more than 400 companies. For more information please visit www.boldercapital.com.
For more information please contact Bolder Capital representatives Todd Hamilton, Managing Director of Bolder Capital at (312) 573-6420 or Greg Jones, Managing Director of Bolder Capital, at (312) 664-8266.