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Article: HEALTHPOINTCAPITAL OFFERS TAKE-OVER BID FOR DTI

Article from:
Dental Lab Products
Article date:
September 1, 2006
Author:
Copyright

New York-based HealthPointCapital LLC recently made an all-cash offer to acquire all of the issued and outstanding shares of the Vancouver-based dental laboratory network DTI Dental Technologies Inc., for approximately Cdn. $24.3 million.

The deal mirrors an exchange between Canadian private equity fund Birch Hill Equity Partners Inc. and NovaDent Inc., which was formed to make strategic investments in the dental laboratory industry. The purpose of that partnership ...

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