{"id":473586,"date":"2021-04-08T09:03:17","date_gmt":"2021-04-08T13:03:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473586"},"modified":"2021-04-08T09:03:17","modified_gmt":"2021-04-08T13:03:17","slug":"comvest-partners-announces-investment-in-leixir-dental-group","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/comvest-partners-announces-investment-in-leixir-dental-group\/","title":{"rendered":"Comvest Partners Announces Investment in Leixir Dental Group"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">WEST PALM BEACH, Fla., April  08, 2021  (GLOBE NEWSWIRE) &#8212; Comvest Partners (\u201cComvest\u201d) is pleased to announce an investment in Leixir Dental Group (\u201cLeixir\u201d or the \u201cCompany\u201d), a technology-enabled provider of outsourced dental solutions serving both independent dentists and dental service organizations (\u201cDSOs\u201d) as well as technology and distribution companies. The Company operates five dental laboratories across the U.S. in addition to a digital design and manufacturing facility in Gurugram, India. Harmeet Bindra, founder of Leixir, will continue in his role as CEO and Executive Chairman.<\/p>\n<p align=\"justify\">\u201cToday\u2019s dental market demands high-quality production, fast turnaround times, digital design capabilities, and competitive pricing. Leixir is uniquely positioned to address all of these needs,\u201d said Lee Bryan, Senior Partner at Comvest Partners. \u201cHarmeet has built a truly impressive business, and we are very excited to partner with him and the Leixir management team.\u201d<\/p>\n<p align=\"justify\">\u201cThis transaction represents an important milestone for Leixir. I am proud of the growth our team has achieved and believe Comvest is the ideal partner to support our future growth initiatives,\u201d said Harmeet Bindra. \u201cComvest brings significant resources, a collaborative approach with management as well as extensive experience creating strategic and operational value for their portfolio companies.\u201d<\/p>\n<p align=\"justify\">\u201cLeixir is pushing the boundaries and redefining the role of today\u2019s dental lab. The Company\u2019s digital capabilities and proprietary end-to-end case management platform, MyLabConnect, are true differentiators which should enable Leixir to continue to capture market share,\u201d said Marshall Griffin, Principal at Comvest Partners. \u201cWe look forward to working with Harmeet and the team at Leixir as the Company accelerates its growth trajectory as an industry-leading dental lab solutions platform.\u201d\u00a0\u00a0<\/p>\n<p align=\"justify\">McDermott Will &amp; Emery served as legal advisor to Comvest. Cain Brothers, a division of KeyBanc Capital Markets, acted as financial advisor and Orrick, Herrington &amp; Sutcliffe LLP acted as legal advisor to Leixir in connection with the transaction. Financing for the transaction was provided by NXT Capital.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>About Leixir Dental Group<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">Founded in 2013, Leixir operates a network of full-service dental laboratories which offer a complete range of dental products, including crowns and bridges, implants, surgical guides, and dentures, among other dental products. Leixir\u2019s laboratories are built on a centers of excellence model and located strategically to provide dentists with superior services across the country. Leixir has built a fully scalable tech-enabled platform to support its delivery of differentiated services and technology throughout the dental landscape. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4o64sVSHL3GmJBwalbTx61BUR6DQquQgzX0ltF3Envyn8wjJuInWLAKE3gQbJTWhJZHZdvIh_Opd0ecysWwapg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.leixir.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>About Comvest Partners<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across the U.S. Since its founding in 2000, Comvest Partners has invested over $5.8 billion. Today, Comvest Partners has $4.7 billion of assets under management. Through its extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jRLLvqd-zBrhXny9PEwGd-_OUrQBGINtHHx8XiObV4IBqZ_83xxvNQSERa5ui3xpQvTnm_Q-K-GQv_FAqBrxkg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.comvest.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>For more information, please contact:<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">Marshall Griffin, Principal, Comvest Partners \u2013 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=P8WapjeHnJKycGUyFRJBksJAk9Wr7bh8ykZMfPLgyTY5Ie5NpfByNbsWqt9_zYBK2VoumdVGTfje_b_Llmk-oSmpkdqxra1F19HGDrnBXSA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">M.Griffin@comvest.com<\/a><\/p>\n<p align=\"justify\">Carlos Soto, Managing Director, Comvest Partners \u2013 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rvzvsTpkMZ6cn4lva5fFsyIBIReeHnwmKBtXfs9E5Q30LL8r2pGq5RMhnKTuBzjrSLTXrFaniTd68QViWwzHp9sYHn0MYiSSMuuFxysu-aY=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">C.Soto@comvest.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMzQwNSM0MTEwODQ1IzIwOTE5MjI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/ab761d0f-05cf-4a1d-93ab-c924e2bc393b\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WEST PALM BEACH, Fla., April 08, 2021 (GLOBE NEWSWIRE) &#8212; Comvest Partners (\u201cComvest\u201d) is pleased to announce an investment in Leixir Dental Group (\u201cLeixir\u201d or the \u201cCompany\u201d), a technology-enabled provider of outsourced dental solutions serving both independent dentists and dental service organizations (\u201cDSOs\u201d) as well as technology and distribution companies. The Company operates five dental laboratories across the U.S. in addition to a digital design and manufacturing facility in Gurugram, India. Harmeet Bindra, founder of Leixir, will continue in his role as CEO and Executive Chairman. \u201cToday\u2019s dental market demands high-quality production, fast turnaround times, digital design capabilities, and competitive pricing. Leixir is uniquely positioned to address all of these needs,\u201d said Lee Bryan, Senior Partner at Comvest Partners. \u201cHarmeet &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/comvest-partners-announces-investment-in-leixir-dental-group\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Comvest Partners Announces Investment in Leixir Dental Group&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473586","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Comvest Partners Announces Investment in Leixir Dental Group - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/comvest-partners-announces-investment-in-leixir-dental-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Comvest Partners Announces Investment in Leixir Dental Group - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WEST PALM BEACH, Fla., April 08, 2021 (GLOBE NEWSWIRE) &#8212; Comvest Partners (\u201cComvest\u201d) is pleased to announce an investment in Leixir Dental Group (\u201cLeixir\u201d or the \u201cCompany\u201d), a technology-enabled provider of outsourced dental solutions serving both independent dentists and dental service organizations (\u201cDSOs\u201d) as well as technology and distribution companies. The Company operates five dental laboratories across the U.S. in addition to a digital design and manufacturing facility in Gurugram, India. Harmeet Bindra, founder of Leixir, will continue in his role as CEO and Executive Chairman. \u201cToday\u2019s dental market demands high-quality production, fast turnaround times, digital design capabilities, and competitive pricing. Leixir is uniquely positioned to address all of these needs,\u201d said Lee Bryan, Senior Partner at Comvest Partners. \u201cHarmeet &hellip; Continue reading &quot;Comvest Partners Announces Investment in Leixir Dental Group&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/comvest-partners-announces-investment-in-leixir-dental-group\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-08T13:03:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMzQwNSM0MTEwODQ1IzIwOTE5MjI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/comvest-partners-announces-investment-in-leixir-dental-group\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/comvest-partners-announces-investment-in-leixir-dental-group\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Comvest Partners Announces Investment in Leixir Dental Group\",\"datePublished\":\"2021-04-08T13:03:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/comvest-partners-announces-investment-in-leixir-dental-group\\\/\"},\"wordCount\":511,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/comvest-partners-announces-investment-in-leixir-dental-group\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIxMzQwNSM0MTEwODQ1IzIwOTE5MjI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/comvest-partners-announces-investment-in-leixir-dental-group\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/comvest-partners-announces-investment-in-leixir-dental-group\\\/\",\"name\":\"Comvest Partners Announces Investment in Leixir Dental Group - 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The Company operates five dental laboratories across the U.S. in addition to a digital design and manufacturing facility in Gurugram, India. Harmeet Bindra, founder of Leixir, will continue in his role as CEO and Executive Chairman. \u201cToday\u2019s dental market demands high-quality production, fast turnaround times, digital design capabilities, and competitive pricing. 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