
Dental Lab
Expanding Nationwide Reach: A Dental Lab's Acquisition Success, Powered by Finance Link's $3.6M Loan
We were approached by a Director from PwC seeking to expand their dental laboratory, a nationwide provider of crowns and bridges. Their acquisition target, while promising, presented unique challenges: a highly specialised industry, an owner uninvolved in day-to-day operations, and a complex funding scenario.
Our expertise was sought to navigate both financial due diligence and funding acquisition. The funding required a nuanced approach: releasing equity from a property portfolio, including a recently renovated owner-occupied property lacking consent, and three rental properties, coupled with structured term debt in the trading business.
Our team rose to the challenge. We meticulously addressed the due diligence complexities and structured a $3.6 million funding package. This included a full equity release against the property portfolio and secured 63% of the trading business's value as structured term debt.
The Director's vision became a reality. 'We just wanted to send you all a quick note to thank you for financing our venture,' they stated. 'We appreciate all the hard work that has gone into getting this application approved and we are pleased to have got this transaction over the line.'
Through our expertise in navigating intricate property equity releases and structuring complex business debt, we enabled the dental laboratory to achieve its acquisition goals, solidifying its position and expanding its reach across the nation. We're proud to have been a part of their success.