Young Innovations Announces Acquisition of Preat Corporation
Algonquin, Illinois– Young Innovations, a leading global supplier of dental products, today announced the acquisition of Preat Corporation. Based in Santa Maria, CA, Preat is a leading provider of dental implant components, attachments and tools.
“Preat represents an exciting expansion in the implant prosthetic sector with a great track record of growth. This acquisition builds upon our strategy to make it easier for the dentist, periodontist and surgeon to incorporate implants and surgical procedures into their practices,” said Dave Sproat, CEO of Young Innovations. “We are excited to support the continued growth of Preat’s business, employees, vendors, customers and brand as a part of our broader global portfolio.”
“Our acquisition of Preat reflects our continued commitment to invest in the growing area of implant-related and oral surgery products,” noted Dan Garrick, Vice President of Corporate Development at Young Innovations. “Preat’s ‘one-stop-shop’ product line for implant restoration represents an excellent addition to our portfolio as we move toward a full-range of products in the oral rehabilitation segment.”
“This is an exciting time for the Preat team as well as our industry partners. Young provides an opportunity to supercharge our growth while maintaining the same level of service and exceptional customer experience that our customers have come to count on,” added Chris Bormes, Preat President. “The foundation that Preat was built upon 40 years ago aligns very closely with Young, and our Core Values and commitment to innovation and service won’t change. I’m thrilled to lead Preat during this next chapter in our history.”
Preat has established a very strong leadership team with aggressive growth plans in the future and Chris Bormes will continue to lead the Preat business. There are no changes to the ordering and service experience for customers or vendors.
Young Innovations, Inc. is a portfolio company of The Jordan Company.