Huron Capital Completes Investment in Six Month Smiles
DETROIT, Mich., February 11, 2013 – Huron Capital Partners LLC (“Huron”) announced today that it has invested in Six Month Smiles. Founded in 2006 by Dr. Ryan Swain, Six Month Smiles is a clinically proven and economical approach to adult cosmetic orthodontics used by thousands of general dentists in the US, Canada, the UK, and Ireland. Huron, in partnership with independent sponsor equity group Exium Partners, made the investment with a plan to continue growing the business through geographic expansion and new product offerings. The Six Month Smiles transaction builds on Huron’s prior experience and success investing in the business services market and is the culmination of an active effort to identify investments specifically in the dental market.
“We’re excited about this investment,” said Dr. Swain. “Six Month Smiles has grown rapidly over the past several years and this is the right time for us to reinvest in market expansion. As we continue to lead the market with our Short Term Ortho system, we believe the operational experience from our new investors will help us reach new heights.”
“Six Month Smiles has a proven management team, a scalable business model, a dedicated employee base, and loyal customers,” said Huron Partner, Nick Barker. “We are excited to be partnering with the Six Month Smiles management team and working with them in growing the business going forward.”
Certain information herein may contain forward-looking statements which are provided to assist the reader in understanding the beliefs and opinions with respect to future opportunities as perceived by Huron Capital and others quoted herein. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance in future periods to differ materially from any projections or results expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The issuer of these statements undertakes no obligation to update forward-looking statements if circumstances or estimates or opinions should change except as may be required by applicable securities laws.