Caymus Equity Partners LLC’s Post

Keystone Dental Holdings, Inc. and Check-Cap Ltd. (NASDAQ: CHEK) announced that they have entered into a definitive Business Combination Agreement under which the stockholders of Keystone Dental will become the majority holders of the combined company. If completed, the business combination will create a public company headquartered in Irvine, CA and focused on advancing commercial execution and market development of Keystone Dental’s comprehensive portfolio of implants, arches and other tooth replacement solutions comprised of restoration products, prosthetic solutions, biomaterial, and digital dentistry capabilities. Upon closing of the transaction, the combined company will trade on the NASDAQ under the symbol “KSD.” The executive team of Keystone Dental will serve as the executive team of the combined company, led by Melker Nilsson, Keystone’s Chief Executive Officer. Based upon the number of shares to be issued in the business combination, current Check-Cap security holders are expected to own approximately 15% of the combined company representing an equity valuation of $39.7 million and Keystone Dental security holders are expected to own approximately 85% of the combined company representing an equity valuation of $225 million. The actual allocation will be subject to adjustment based on Check-Cap’s net cash balance at the time of closing. The Business Combination Agreement provides for a Check-Cap net cash target of $22.3 million at closing of the transaction which implies a $17.4 million premium to the Check-Cap net cash target. The proposed transaction has been approved by the board of directors of both companies. The business combination is subject to the approval of Check-Cap shareholders at a special meeting of shareholders, which is expected to occur in the fourth quarter of 2023, along with the satisfaction or waiver of other customary conditions. _____ 🔔 In addition to my company helping dental support organizations (DSOs) with revenue cycle management (RCM) and artificial intelligence (AI) technology innovation, I share news as well as insights about the field of dentistry on a daily basis. Follow me and tap the bell on my LinkedIn profile to stay knowledgeable about what's happening in the world of healthcare. _____ #SinaAmiri #healthcare #dental #medical #capitalmarkets #investmentbanking #mergersandacquisitions Keystone Dental Group

Consolidation is buzzing in dentistry! 🐝 This blog, written by Beth Gaddis and featured on DrBicuspid, explores trends and what dentists need to know to prepare for a sale. Key takeaways ✅ * Small groups (3-5 locations) are popular acquisition targets for DSOs. * Same-store EBITDA growth is crucial for attracting buyers. * Plan for a sale years in advance: improve efficiency & profitability. * Consider cloud-based systems, AI for X-ray analysis, & optimized fee schedules. * Know your numbers (fixed costs, variable costs, EBITDA). Read the full blog now for insights from industry experts like Chris McClure from Aligned Dental Partners, LLC, Kevin Cumbus from TUSK Practice Sales, and Rondi Michaux, former Director of Corporate Development for two DSOs. ➡️ https://lnkd.in/ecdYpWc5 🚨 Part 3 coming soon! Look out for red flags buyers watch for in M&A deals. 🛑 #dentistry #mergersandacquisitions #DSO #consolidation

In his latest blog post, Thomas Morley, Associate Director - Dental, outlines what a dental group is and the level of market appetite for such businesses. To read more, click here: https://lnkd.in/e-N52zUb

Discover strategies for funding, boosting profitability, contract negotiations, and more at the Growth Capital Summit. Craft your path to a thriving dental legacy https://lnkd.in/gcXy8nHz #dentalindustry #dental #funding #dentalpractice

This is a BIG DEAL!! This is just another recognition of the new technology, workflow & mindset that TRI Dental Implants Int. AG is creating! I have posted a lot already, but at this point, you need to get more information. We can set up a in person meeting with one of our reps, or give me a call and we can do a virtual meeting and go over how TRI will help make your digital workflow more efficient! #calltommytoday #dentalimplants #digitalworkflow Christopher Lutter Corey Kabot Lacey Ferguson Matthew Pittard Braxton Bowyer Payton McNeece

The dental market is anticipated to continue growing, driven by both the increasing demand for dental services and ongoing consolidation among dental support organisations (DSOs). This trend is likely to enhance efficiency and service quality as DSOs expand their networks through acquisitions and investments in technology and infrastructure. This is expected not only for the UK market, but also the US, EMEA, APAC and ANZ, where investment is prevalent and increasing. DentalForum provides annual opportunities to connect with the decision makers from established and emerging DSOs, and with leading industry partners. Learn more by reaching out to myself, Will and Gracie, who will be at Dentistry Show, Birmingham tomorrow! 📧bella@openroomevents.com 📧will@openroomevents.com 📧gracie@openroomevents.com

Taking Implant dentistry to the next level ✅

The dental implants market is expected to grow from $9.85 billion in 2027 at a CAGR of 9.4%. Major competitors in the Dental Implants market are Zimmer Biomet Holdings Inc., OSSTEM IMPLANT, Institut Straumann AG Read More @https://lnkd.in/gp8EyeiT #marketresearch #marketintelligence #marketreport #industryanalysis #TheBusinessResearchCompany #TBRC #GlobalMarketModel

🦷 June 2024 DSO Deal Roundup: The dental industry continues to evolve! 📊 Key highlights: - The Smilist Management acquired Simply Beautiful Smiles, expanding to nearly 100 practices across 6 states. - U.S. Oral Surgery Management added 3 new partner practices, including 4 doctors and 4 locations in 3 states. - MB2 Dental welcomed 6 new practices and 10 doctor partners across 6 states. - Heartland Dental supported a new practice in Charlotte, North Carolina. - Pacific Dental Services celebrated its 30th anniversary by opening its 999th and 1000th supported practices! 🎉 Despite ongoing economic pressures and staffing challenges, the DSO landscape remains dynamic. We're seeing continued growth, strategic expansions, and innovative partnerships. For dental professionals and practice owners, these trends underscore the importance of staying informed about industry shifts and considering various growth strategies. What's your take on these developments? How do you see the DSO landscape evolving in the coming months? #DentalIndustry #DSO #PracticeManagement

See article below from PitchBook entitled "Pulling Teeth: Why Dental Exists Have Been Tough for PE Firms". The article notes 20 Dental platforms being held for >5 years and 17 platforms with holding periods > 7 years. This is the largest number of "delayed exits" for any industry in the PPM space (Physician Practice Management Space). Why is this happening and what does it mean for your group? This is happening because dental groups and PE owners have relied too much on leverage and acquisitions as opposed to focusing on organic growth and sustainable value creation initiatives. Going forward, groups that can drive sustainable organic revenue and profit growth with repeatable and scalable strategies will be the groups that can access funding from various sources. As a dental group leader today you need to be able to establish "organizational clarity" by combining predictive analytics and a strong culture to identify and execute on the biggest opportunities to improve patient care and group profitability. Your ability to prove you have a repeatable growth strategy will be the primary determinant if you can access capital at favorable terms to support future growth. #dental, #dso, #dpo, #dataanalytics, #Dentalleadership, #PrivateEquity