Evolution Capital Partners (“Evolution”) announced today its latest growth investment, Cap City Dental Lab (“Cap City”). Established in 1999 and headquartered in Columbus, Ohio, Cap City is a national dental lab that provides dental implants such as crowns, dentures, partials and bridges to dentists, dental-service organizations (DSOs) and other dental labs.
“The unique vision and industry expertise of Cap City President Chris Pendry, along with the projected expansion of the dental implant industry, create a very exciting partnership opportunity,” said Brendan Anderson, managing partner and co-founder of Evolution. The US dental implant industry has seen significant growth buoyed by an aging US population with increased access to dental benefits. Additionally, the dental industry has seen robust consolidation and increasing demand for sophisticated suppliers to large dental providers.
Pendry is a credentialed fellow in the International Congress of Oral Implantologists and a member of the American College of Prosthodontists. With only a small percentage of lab technicians holding this fellowship, Pendry and the entire Cap City team are dedicated to serving their customers with the highest-quality products and services in the industry.
“Partnering with Evolution will allow us to execute the next phase of our planned growth,” said Chris Pendry, president of Cap City. “We are excited to continue to build upon our existing national customer base through geographic expansion, as well as investments in both sales and marketing.”
About Cap City Dental Lab
Headquartered in Columbus, Ohio, Cap City Dental Lab is a national dental lab that provides dental implants such as crowns, dentures, partials and bridges to dentists, dental-service organizations (DSOs) and other dental labs. For more information, visit www.capcitydentallab.com.
About Evolution Capital Partners
Evolution Capital Partners is a small-business private equity fund investing growth equity nationwide in second-stage companies generating at least $500,000 of EBITDA. Evolution specializes in helping entrepreneurial businesses transform their organizations by providing a foundation for growth through its process, the Five Fundamentals, leveraging the time and energy of the business owner. For more information, visit www.evolutioncapitalpartners.com.
