Young Innovations Acquires Pura Graft to Expand Oral Surgery and Dental Implant Portfolio

VCBeat (WeChat ID: vcbeat) learned from foreign media that on November 11, 2019, local time, Young Innovations, a global leading supplier of dental products, announced the acquisition of PuraGraft. BRG Capital Advisors served as the exclusive financial advisor to PuraGraft in this transaction, but specific financial details of the acquisition have not been disclosed.

PuraGraft is a leading U.S. supplier of biomaterial solutions, headquartered in Kingwood, Texas. The company provides medical institutions with products that facilitate bone tissue regeneration. PuraGraft’s integration into Young Innovations meets the latter’s need to expand its presence in the oral surgery and dental implant markets.

As a global leader in the supply of dental products and equipment, Young Innovations offers branded products spanning the fields of dental disease prevention, restorative and orthodontic care, and endodontic therapy. Driven by its mission, “Creating Smiles, Creating Possibilities,” the company is dedicated to providing innovative, high-quality products and solutions for clinicians and their patients. The company became a subsidiary of The Jordan Company (TJC) in 2017.

Dave Sproat, CEO of Young Innovations, stated, “We are very proud to have developed a robust product line specifically designed for this specialized field, providing oral surgeons, periodontists, and other clinicians with an exceptional customer experience through PuraGraft. We are excited to support the continued growth of PuraGraft as part of our broader global portfolio, working alongside the PuraGraft team, management, and business partners.”

Dan Garrick, Vice President of Young Innovations, added, “Our acquisition of PuraGraft reflects our commitment to continued investment in high-growth specialty markets that address the unique needs of dental specialists, including orthodontists, endodontists, oral surgeons, and periodontists. The PuraGraft leadership team has built an outstanding business in an attractive dental market; we look forward to creating additional value together and accelerating its already strong growth trajectory.”

Lee Majerus, co-founder of PuraGraft, stated, “We are thrilled to join this young and innovative team. We see this as an opportunity to offer PuraGraft-branded regenerative products, pharmaceuticals, and medical devices across China. Partnering with industry leaders will benefit our customers and employees and support our continued growth.”

TJC is a private equity firm founded in 1982, headquartered in New York, with an office in Chicago, Illinois. The company primarily invests in middle-market enterprises across various industries, managing over $8 billion in capital and boasting 35 years of investment experience. Its Operations Management Group was established in 1988 to initiate and support operational optimization efforts within its portfolio companies.

BRG Capital Advisors is the broker-dealer affiliate of BRG. Founded in 2010, BRG is a global consulting firm with more than 40 offices worldwide and over 1,100 professionals possessing extensive industry experience. The firm is dedicated to providing strategic advisory services to its clients, including mergers and acquisitions, recapitalizations, growth equity, and debt placements, to help them achieve long-term success.

(Compiled by Wang Fang)