Pan-Am Dental Completes Two Acquisitions, Joins Top 10 U.S. Dental Lab Groups
Caymus Equity Partners (“Caymus Equity”) is excited to announce the successful acquisitions of JB Dental Lab (“JB”) and Avaneer Dental Studio (“Avaneer”) by its portfolio company, Pan-Am Dental (“Pan-Am” or “the Company”). These strategic acquisitions elevate Pan-Am to an estimated position as one of the top 10 largest dental lab groups in the United States.
JB Dental Lab, headquartered in Tempe, Arizona, with an additional location in Tucson, Arizona, is a recognized market leader in the fields of complex digital design and full arch implant cases. With a strong reputation for technological innovation, JB has a focus on providing cutting-edge digital solutions for dental practices. By joining Pan-Am, JB will not only enhance the company’s capabilities in advanced digital technologies but will also support Pan-Am’s geographic expansion, specifically strengthening its presence in the Western U.S. region. JB’s expertise in digital design and complex implant cases will allow Pan-Am to further differentiate itself in the dental lab market, offering state-of-the-art solutions to a wider range of dental professionals.
Avaneer Dental Studio, based in Detroit, Michigan, with a second location in Lakeland, Florida, specializes in a wide variety of dental lab services, including crown and bridge, removable, and implant cases. The acquisition of Avaneer adds a solid foothold for Pan-Am in the Midwest, a region with a dense concentration of dental practices, while also solidifying the company’s presence in the Southeast.
Avaneer’s expertise in these key areas allows Pan-Am to expand its product offerings, making the company even more competitive in these vital regions. The addition of Avaneer helps Pan-Am create a more robust platform for serving dental practices across the country, delivering reliable, high-quality solutions that meet a variety of clinical needs.
“We are thrilled to welcome JB and Avaneer to the Pan-Am family,” said Judson Boothe, CEO of Pan-Am. “These two companies align seamlessly with our mission to provide best-in-class dental solutions to our growing customer base. By combining the complementary strengths of our nationwide platform with the expertise brought by JB and Avaneer, we are positioned to deliver even greater value to dental practices across the U.S., ranging from nationwide dental service organizations (DSOs) to highly specialized private practices. These acquisitions represent a major step forward in realizing our long-term vision for Pan-Am and expanding our national footprint.”
The acquisitions of JB and Avaneer come at a pivotal time for Pan-Am, as the company continues to grow and innovate in an increasingly competitive market. These acquisitions bring Pan-Am’s total number of acquisitions since Caymus Equity made a majority investment in the company in December 2019 to four. The company has demonstrated consistent growth and a strategic approach to expanding its presence across the U.S. dental lab industry.
“We are excited to see Pan-Am’s continued expansion with the additions of JB and Avaneer,” said Blake Cummings, Partner and investment lead at Caymus Equity. “These acquisitions are a testament to our ongoing commitment to supporting Pan-Am’s growth and enhancing the value the company delivers to its clients. With the inclusion of JB and Avaneer, Pan-Am’s lab network is now one of the most technologically advanced and digitally equipped in the country. We look forward to continuing our partnership with Judson and the entire Pan-Am team as they lead the company to even greater success at the forefront of the dental lab industry.”
The acquisitions of JB and Avaneer were finalized on December 20, 2024, marking another significant milestone for Pan-Am under Caymus Equity’s leadership. These acquisitions are not only a reflection of the company’s growing market presence but also demonstrate its commitment to delivering high-quality, technology-driven dental solutions. As a result of these strategic acquisitions, Pan-Am is well-positioned to expand its leadership in the dental lab industry and continue providing exceptional service to dental professionals across the U.S.
The broader market for dental labs is seeing increased demand for innovative solutions, particularly in areas like digital dentistry, implantology, and advanced restorative procedures. As the dental industry continues to evolve, Pan-Am’s strong presence in both established and emerging markets, supported by cutting-edge technologies, will allow the company to stay ahead of the curve and provide dental professionals with the tools they need to improve patient outcomes.
With a growing presence in the Western U.S., Midwest, and Southeast, Pan-Am now operates a national network of high-tech dental labs that cater to a broad spectrum of dental practices. The company’s portfolio now includes some of the most technologically advanced digital and implant-focused dental labs, which enables Pan-Am to serve both high-volume DSOs and specialized private practices with a comprehensive range of products and services.
The acquisitions of JB and Avaneer represent a key part of Pan-Am’s long-term growth strategy, and with this expanded platform, the company is poised to continue delivering superior value to its customers, while driving industry innovation and setting new standards for the dental lab market.
