News

Blue Sea Capital and CITIC Capital Acquire DDS Lab

Blue Sea Capital LLC (“Blue Sea”) and CITIC Capital Partners announced today that they have, in partnership with management, made a significant investment in DDS LAB, LLC (“DDS Lab” or “DDS” or the “Company”), a leading dental laboratory, to position the Company for continued growth. DDS Lab is a leading National Board Certified full-service dental laboratory that sells custom dental prosthetic appliances to dental service organizations, mid-size group practices and sole practitioner dentists across the United States. DDS’ comprehensive offering of over 400 products includes crown and bridge cases, dentures, partials, implant restorations, attachments and orthodontic appliances. The Company is headquartered in Tampa, Florida and has additional distribution facilities in El Segundo, California and Dallas, Texas.

“This partnership represents an important milestone in DDS Lab’s future growth plan,” said Amy Ceresa, President of DDS. “We are excited to be partnering with Blue Sea and CITIC Capital Partners, who bring global capabilities, financial resources and industry expertise that will help us continue to expand the business and better serve our customers.”

J.R. Davis, Partner at Blue Sea, commented, “DDS Lab’s differentiated offering combining outstanding quality, extensive product breadth, short turnaround times, customer service excellence and a compelling value creates a powerful proposition that is resonating throughout the dental community. We look forward to working with DDS Lab’s innovative management team and CITIC Capital Partners to continue growing the business and developing an industry-leading platform.” Moelis & Company served as exclusive financial advisor to DDS Lab. Terms of the deal were not disclosed.

About DDS Lab
DDS Lab (www.ddslab.com) is a leading National Board Certified full-service dental laboratory based in Tampa, Florida. Founded in 2005, DDS Lab specializes in crown and bridge cases, dentures, partials, implant restorations, attachments and orthodontic appliances, serving dental service organizations, mid-size group practices and sole practitioner dentists across the United States. With more than 26 years of industry experience per technician, DDS Lab’s quality craftsmanship, brand name products and commitment to service have made DDS Lab the growing choice for dentists nationwide.

About CITIC Capital Partners
CITIC Capital Partners (www.citiccapital.com), the private equity arm of CITIC Capital Holdings Limited, operates in China, the United States and Japan and currently manages $2.6 billion of committed capital on behalf of over 50 international investors. CITIC Capital Partners’ dedicated international fund invests globally in companies and works with management teams to help companies realize their full potential.

Blue Sea Capital is a private equity firm based in West Palm Beach, Florida that invests in growth-oriented lower middle market companies valued up to $300 million. The firm has over $1.4 billion in assets under management and invests across three industry verticals: aerospace & defense, healthcare and industrial growth. Blue Sea Capital’s strategy is to partner with talented leaders and differentiated companies, typically as the first or second institutional investor, and deliver strategic and operational value-add that drives growth acceleration, industry outperformance and business transformation.

Let's Talk

I am a business leader and would like to learn more about partnering with Blue Sea in healthcare .