Young Innovations, Inc., a St. Louis, Missouri-based company that develops, manufactures and markets both supplies and equipment used by dentists, dental hygienists, dental assistants and consumers, received a mezzanine debt investment from Maranon Capital.
The transaction aims to support the recent public-to-private acquisition of the company by Chicago-based private equity firm Linden Capital Partners, valued at approximately $314m (read here).
Maranon was Agent for the lenders who provided a $65m mezzanine tranche and co-invested preferred and common equity in the transaction alongside Linden.
Led by Al Brennan, Chairman of the Board and CEO, Young Innovations offers consumables products such as disposable and metal prophy angles, prophy cups and brushes, dental micro-applicators, moisture control products, infection control products, dental drills, endodontic systems, orthodontic toothbrushes, flavored examination gloves, children’s toothbrushes, and children’s toothpastes. In addition, it provides a line of diagnostic products that includes panoramic X-ray machines and related supplies.
FinSMEs
03/03/2013