ATLANTA--(BUSINESS WIRE)--Feb 10, 2025--
Caymus Equity Partners (“Caymus Equity”) is pleased to announce that its portfolio company, Pan-Am Dental ("Pan-Am" or "the Company"), has acquired JB Dental Lab ("JB") and Avaneer Dental Studio ("Avaneer"). With these acquisitions, Pan-Am is now estimated to be one of the 10 largest dental lab groups in the U.S.
JB, headquartered in Tempe, AZ, and with an additional location in Tucson, AZ, is a market leader in complex digital design and full arch implant cases. JB brings continued technologically advanced digital solutions to the Pan-Am platform, while furthering geographic expansion in the Western U.S.
Avaneer, headquartered in Detroit, MI, and with an additional location in Lakeland, FL, specializes in crown and bridge, removable, and implant cases. The addition of Avaneer to the Pan-Am platform provides the Company with a foothold in the densely populated Midwest region, while further strengthening presence in the Southeast.
“We are thrilled to welcome JB and Avaneer to the Pan-Am family,” said Judson Boothe, CEO of Pan-Am. “These two businesses align perfectly with our mission to deliver best-in-class dental solutions to our customer base. By bringing together the complementary strengths of our nationwide platform, we are well-positioned to provide even greater value to dental practices ranging from nationwide DSOs to the most specialized private practices.”
"These acquisitions exemplify our commitment to supporting Pan-Am’s growth and enhancing the value the Company delivers," said Blake Cummings, Partner and investment lead at Caymus Equity. “We now consider the Pan-Am family of labs among the most technologically and digitally advanced in the country. We’re looking forward to working with Judson and the team to continue Pan-Am’s growth at the forefront of the dental lab industry.”
The acquisitions of JB and Avaneer closed on December 20, 2024, and mark the Company’s third and fourth acquisitions since Caymus Equity's majority investment of Pan-Am in December 2019.
To learn more about JB, visit jbdentallab.com.
To learn more about Avaneer, visit avaneerdental.com.
To learn more about Pan-Am, visit panamdl.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250210250347/en/
CONTACT: Garrison Hogan
404-995-8331
KEYWORD: GEORGIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES HEALTH MEDICAL DEVICES SMALL BUSINESS DENTAL FINANCE BANKING
SOURCE: Caymus Equity Partners
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PUB: 02/10/2025 11:05 AM/DISC: 02/10/2025 11:06 AM
http://www.businesswire.com/news/home/20250210250347/en