Victory Park Capital (VPC), an asset management firm focused on middle market debt and equity investments, announced it has provided a credit facility to help refinance existing debt and finance working capital for Dental Lab Holdings, LLC (DLH), a holding company in the dental laboratory sector and portfolio company of private investment firm Beacon Bay Holdings (Beacon Bay). VPC has also committed additional funding in support of future acquisitions for DLH’s expansion in the dental lab industry.
“As a recognized player in the dental lab sector with a strong reputation of delivering quality products, DLH is well positioned to execute on its acquisition strategy to acquire new labs and elevate its relationships with customers,” said Jason Brown, partner at VPC. “Our partnership combined with Beacon Bay’s expertise in leading operations and sourcing new acquisitions will foster a strong value creation opportunity.”
Founded in 2012 with the acquisition of Southern California-based da Vinci Dental Studios, DLH has continued to acquire reputable labs, including The Winter Laboratory and NuLife Long Island. DLH delivers a wide range of quality products ranging from fixed and removable restorations to complex implant prosthetics and closely partners with its doctors to best service patients and grow the practice.
Jennifer Stewart, managing partner at Beacon Bay, added, “We look forward to collaborating with VPC to help support the growth of DLH’s business through future lab acquisitions in strategic markets and continuing to develop and improve its quality products, services and capabilities.”
Victory Park Capital (VPC) is a privately held registered investment advisor dedicated to alternative investing through the management of its investment vehicles. As specialists in credit and private equity investments, VPC focuses on middle-market companies across a diversified range of industries. Whether as a lender or a control investor, VPC seeks to identify opportunities where it believes the potential for reward outweighs the risks entailed.
Beacon Bay Holdings and affiliates (“BBH”), is a leading private investment firm. For more than a decade, BBH has focused on partnering with leadership teams to best serve customers and grow significant value in businesses. BBH brings seasoned operating and investing experience combined with a track record of closing transactions, building great companies and generating strong investment returns. Beacon Bay Holdings is the trusted investment partner to grow value in businesses.