ClearChoice Receives Investment From Leading Consumer Private Equity Firm Catterton Partners
DENVER, Oct. 6, 2011 /PRNewswire/ -- ClearChoice Holdings, LLC ("ClearChoice"), a market leading developer and manager of dental treatment centers providing consumers with same-day dental implant care, today announced a growth equity investment by Catterton Partners, the leading consumer-focused private equity firm. The investment will be used to enhance ClearChoice's marketing strategies and accelerate its expansion plan to double the number of ClearChoice affiliated centers across the U.S. Terms of the transaction were not disclosed.
ClearChoice is a leader in practice management within the multi-billion dollar U.S. dental implant services market. The market is expected to continue to experience annual double digit growth rates. Compared to alternative solutions such as bridges and dentures, the treatment options provided by ClearChoice affiliated centers have become a preferred solution for individuals experiencing tooth loss or living with dentures, as it provides the patient with permanence, durability, and superior aesthetics.
ClearChoice affiliated centers focus on providing comprehensive dental implant treatment and care using a highly coordinated team approach combining top specialists in oral surgery, prosthodontics, and restorative dentistry, and an on-site dental implant lab staffed by experienced lab technicians. Comprehensive treatment at one location enables most patients to have their implants and new teeth placed all in the same day. As a dental practice management company, ClearChoice provides marketing, back-office and comprehensive administrative support for each of the Company's