SANTA MARIA, California--DenMat Holdings has announced that the company has been acquired by affiliates of Centre Partners and Mill Street Partners.
DenMat is a leader in thin, porcelain veneer systems for smile enhancement. The company also offers a range of other esthetic and restorative smile solutions, as well as a broad array of professional dental materials and supplies.
DenMat will be led by a new management team consisting of Chief Executive Officer Steve Semmelmayer, Chief Operating Officer Robert Cartagena, and Chief Administrative Officer Todd Tiberi. All three served as part of the executive team at Discus Dental prior to its nine-figure sale to Royal Philips Electronics in December 2010.
The company will focus on continued development of laboratory products and services, and building out a distribution network for current and future professional dental products.
“Over the past three decades, DenMat created an extraordinary track record and built some of the most successful brands in dentistry,” said Semmelmayer.
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“The company pioneered tooth whitening and the premium oral care category with products such as the Rembrandt line and, more recently, made esthetic dentistry more accessible with its Lumineers thin veneer systems and Snap-On Smile, its proprietary smile makeover system. Our goal is to leverage DenMat’s brand equity by expanding the product offering and providing dental professionals with a wide range of smile solutions.”
Added Robert Bergmann, senior partner at Centre: "Centre Partners is extremely excited about this acquisition. We expect to see significant growth at the company, and Centre is committed to making additional acquisitions of companies, products and technologies while building DenMat into a global dental business."
DenMat’s headquarters and manufacturing facilities are based in Santa Maria, Calif., with an additional sales office in Canoga Park, Calif.
For more information, go to www.denmat.com.
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