Maumee, OH – CriticalPoint Partners, LLC (“CPP”) is pleased to announce that Dentsply Sirona Inc. (NASDAQ: XRAY) (“Dentsply Sirona”) has sold substantially all the assets of Ransom & Randolph Company (the “Company” or “R&R”) to PMC Capital Partners, LLC (“PMC”). Terms of the transaction were not disclosed.
Founded in 1872 and acquired by Dentsply Sirona in 1964, R&R is a leading manufacturer and distributor of specialty consumables to the global investment casting industry. The Company serves a broad range of markets including aerospace, defense, industrial gas turbine, automotive, commercial, jewelry, dental and art casting. R&R serves customers worldwide directly from its manufacturing facility in Maumee, Ohio as well as from various distribution centers. To learn more about R&R please visit: www.ransom-randolph.com.
Matt Coggin, Senior Vice President and Chief Strategy and Business Development Officer for Dentsply Sirona stated, “CriticalPoint Partners successfully ran a thorough M&A process to find a good home for R&R. PMC is sure to be a great steward for a business that has been around for nearly 150 years.”
CPP served as Dentsply Sirona’s exclusive financial advisor for the transaction.
About CriticalPoint
Headquartered in Los Angeles, CriticalPoint Partners is a leading middle market M&A advisory and investment banking firm focused on sourcing, negotiating, and executing a range of corporate finance solutions to enhance shareholder value while building long-term partnerships with our clients. To learn more about CriticalPoint Partners, please visit www.criticalpointpartners.com.
Please contact Matt Young, Christopher Ball, or Nicholas Cipiti with any questions about this transaction.
Matt Young
Founder and CEO
Direct: (310) 321-4401
myoung@criticalpointpartners.com
Christopher Ball
Managing Director
Direct: (310) 321-4403
cball@criticalpointpartners.com
Nicholas Cipiti
Director
Direct: (310) 321-4172
ncipiti@criticalpointpartners.com
Messrs. Young, Ball, and Cipiti are Registered Representatives of and Securities Products offered through CriticalPoint Partners, LLC Member FINRA (www.FINRA.org), SIPC (www.SPIC.org). CriticalPoint Partners, LLC and CriticalPoint Partners, LLC are separate and unaffiliated entities. Any testimonial or endorsement may not be representative of the experience of other customers and is no guarantee of future performance or success.
