August 31, 2012 – Beacon Bay Holdings Affiliate Invests in Nu-Life: Beacon Bay Holdings Expands Dental Laboratory Holdings Through Investment in Second Business
Newport Beach, CA – August 31, 2012
Beacon Bay Holdings (BBH), a leading private investment firm based in Newport Beach, CA, today announced one of its affiliates invested in Nu-Life Restoration of Long Island, Inc.’s business (Nu-Life), located in Long Island, New York. This is the second dental laboratory investment by BBH.
Nu-Life is a dental lab well known in the industry for its full service capabilities, implant expertise and strong regional presence in the New York dental community. Nu-Life has served the community for over 25 years, focused on serving its customers and bringing the most advanced technology and techniques available to the dental community.
Jennifer Stewart, Managing Partner at BBH, commented, “Nu-Life’s technical capabilities, customer relationships and local footprint in the greater New York region were all compelling factors in our decision to add Nu-Life to our growing dental laboratory family. We look forward to continuing to increase the value delivered to Nu-Life and daVinci Dental Studios customers in the greater New York area and introducing new customers to each company’s unique capabilities.”
David Morgan, President of BBH’s dental lab holding company and CEO of Nu-Life, added, “We view this as the perfect second investment to the dental lab portfolio. Where da Vinci has dominated the high-end national aesthetic market, Nu-Life has had an equally impressive penetration into the greater New York area as a full service dental lab. As we continue to partner with superior labs throughout the United States, Nu-Life will to operate a separate company but will also serve as a center of excellence for implant dentistry within the overall company. ”
About Beacon Bay Holdings
Beacon Bay Holdings and affiliates (Beacon Bay Holdings, BBH), is a leading private investment firm. For more than a decade BBH has focused on partnering with leadership teams to grow significant value in businesses. Typical investments are between $5 million to $50 million of equity in companies with $10 million to $200 million of revenue headquartered in North America, and the firm has direct experience in a diverse range of industries and types of transactions including growth, buy-out and distressed. BBH is an expert at finding creative investment solutions to meet varying stakeholders’ needs – often when others cannot. The firm has extended this creativity to its fund structure by sponsoring direct investment vehicles tailored specifically for family offices that provide alignment of interests and focus on generating multiples of invested capital after-tax with low risk. BBH brings seasoned operating and investing experience combined with a track record of closing transactions, building great companies and generating strong investment returns. Beacon Bay Holdings is the trusted investment partner to grow value in businesses. For more information, please call us at 949-464-4100 or find us online at www.beaconbayholdings.com.
Nu-Life, headquartered in Long Island, New York, is a full service dental laboratory with a track record of consistently delivering quality fixes and removable products since 1973. Nu-Life has deep expertise in highly complex implant prosthetic design and implementation and often partners with dentists early in the case planning process. Nu-Life was an early adopter of digital dentistry and milling technology and produces all its products within the United States. The company is dedicated to truly partnering with its customers, helping to best serve their patients and grow their business. Learn more at www.nulifeli.com.