To Business Editors For Immediate Release CITIC Capital Partners Completes Acquisition of US Dental Laboratory DDS LAB (2 July, 2014, New York) An international fund advised by CITIC Capital Partners is pleased to announce that the acquisition of DDS LAB, LLC (“DDS” or “the Company”) in the United States is completed. DDS is a leading National Board Certified full-service dental laboratory that sells custom dental prosthetic appliances to dental service organizations, mid-size group practices and sole practitioner dentists across the United States. DDS’ comprehensive offering of over 400 products includes crown and bridge cases, dentures, partials, implant restorations, attachments and orthodontic appliances. The Company is headquartered in Tampa, Florida, and has additional distribution facilities in El Segundo, California, and Dallas, Texas. CITIC Capital Partners has partnered with Blue Sea Capital and DDS’ management team to acquire the business. The acquisition is sponsored by CITIC Capital International Partners III, L.P, the third international fund of CITIC Capital Partners. “This partnership represents an important milestone in DDS’ future growth plan,” said Amy CERESA, President of DDS LAB, LLC. “We are excited to be partnering with CITIC Capital Partners and Blue Sea Capital, who bring global capabilities, financial resources and industry expertise that will help us continue to expand the business and better serve our customers.” Hanxi ZHAO, Managing Director of CITIC Capital Partners, said: “We are delighted to partner with DDS’ talented management team and Blue Sea Capital to deliver best-in-class products and services to its existing and future customers, and to capitalize upon the increasing trend toward better dental care globally. Amy and her team have done a tremendous job in growing DDS and we are committed to assisting DDS in accelerating its next stage of growth.” Moelis & Company served as exclusive financial advisor to DDS. Terms of the transaction are not disclosed. 28/F, CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong 香 港 中 環 添 美 道 1 號 中 信 大 廈 28 樓 Tel 電 話: +852 3710 6888 ︱ Fax 傳 真: +852 2523 8312 www.citiccapital.com ︱ [email protected] About DDS LAB DDS LAB is a leading National Board Certified full-service dental laboratory based in Tampa, Florida. Founded in 2005, DDS LAB specializes in crown and bridge cases, dentures, partials, implant restorations, attachments and orthodontic appliances, serving dental service organizations, mid-size group practices and sole practitioner dentists across the United States. With more than 26 years of industry experience per technician, DDS LAB’s quality craftsmanship, brand name products and commitment to service have made DDS LAB the growing choice for dentists nationwide. For more information, please visit www.ddslab.com. About CITIC Capital Partners CITIC Capital Partners, the private equity arm of CITIC Capital Holdings Limited, operates in China, the United States and Japan, and currently manages USD2.6 billion of committed capital on behalf of over 50 international investors. CITIC Capital Partners’ dedicated international fund invests globally and works with management teams to help companies realize their full potential. For more information, please visit www.citiccapital.com. About Blue Sea Capital Blue Sea Capital is a private equity firm based in Palm Beach, Florida, and with an office in El Segundo, California, that invests in growth-oriented lower middle market companies valued up to USD200 million. The firm has USD327 million in assets under management and invests across three industry verticals: aerospace & defense, healthcare and industrial growth. Blue Sea Capital’s strategy is to partner with talented managers and differentiated companies, typically as the first or second institutional investor, and deliver strategic and operational value-add that drives growth acceleration, industry outperformance and business transformation. For more information, please visit www.blueseacapital.com. - End - For media enquiries, please kindly contact: Cindy TAM Director, Corporate Relations CITIC Capital Holdings Limited Tel: +852 3710 6813 Fax: +852 2169 3636 Email: [email protected] 28/F, CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong 香 港 中 環 添 美 道 1 號 中 信 大 廈 28 樓 Tel 電 話: +852 3710 6888 ︱ Fax 傳 真: +852 2523 8312 www.citiccapital.com ︱ [email protected]
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