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HuFriedyGroup Acquired by Peak Rock Capital
A subsidiary of renowned middle-market private equity company Peak Rock Capital said that it had concluded the prior disclosed purchase of STERIS plc’s dentistry division.
Established in 1908, HuFriedyGroup is a prominent worldwide producer of premium dental equipment, devices for preventing infections, tool management software, and conscious sedation.
With over 20 worldwide production sites and locations, the firm, which has its headquarters in Chicago, Illinois, employs roughly 1,500 people and serves clients in approximately 100 countries. The business is well-known in the field for its exceptional quality, wide range of products, effective workflow alternatives, and ergonomic equipment ideas.
managing director of Peak Rock Capital, Spencer Moore, commented, “HuFriedyGroup’s differentiated brands, high-quality product offerings, strong customer base, and outstanding team make this a highly compelling investment opportunity. We look forward to partnering with the management team and employees to drive further new product innovation and accelerated organic growth. We’re also excited to help the team pursue complementary acquisitions to extend the product and brand portfolio.”
CEO of Peak Rock explained: “This investment exemplifies Peak Rock’s deep experience and capability in executing complex carve-out transactions.’’
They continued: ‘’It also highlights our continuing efforts to expand our investments in medical technology and global manufacturing businesses. We believe that HuFriedyGroup represents an excellent platform for growth through near-term organic initiatives and strategic acquisitions.”
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