Atlas Investors Acquires a Minority Stake in DenTek Oral Care, Inc.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Atlas Investment Management LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("Atlas Investors"), through a newly formed entity, Atlas Dentek Holdings LLC, has completed a principal investment in DenTek Oral Care, Inc. ("DenTek") for an undisclosed sum. It is Atlas Investors' second announced investment since its formation in 2008. DenTek, based in Maryville, Tenn, is a leader in premium niche oral-care products. The company enjoys strong relationships with top U.S. retailers including Wal-Mart, Target, Walgreens, CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. , Rite Aid Rite Aid (NYSE: RAD) is a United States retailer and pharmacy chain, operating over 5,000 stores in 31 states and the District of Columbia. Rite Aid Corporation is one of the nation's leading drugstore chains. , Publix and Kroger and it has produced historical double-digit top-line growth. The company was launched in 1984 with the Dental Pik and has since pursued a singular goal of providing innovative solutions in the oral-care space, embodied em·bod·y tr.v. em·bod·ied, em·bod·y·ing, em·bod·ies 1. To give a bodily form to; incarnate. 2. To represent in bodily or material form: in its credo, "Oral Health for Life." "We are excited and proud to partner with Atlas Investors," said John Jansheski, DenTek founder and Chief Executive and Chief Innovation Officer. "We look forward to leveraging Atlas's deep knowledge of the consumer products industry and oral care in particular and their breadth of relationships in accelerating our growth." Palden Namgyal, founder and senior managing partner at Atlas Advisors, commented: "We are proud to make DenTek one of our first investments under our newly launched investing affiliate. DenTek represents the kind of differentiated market leader that we believe will create significant value for our investor group." As part of its investment, Atlas Investors will obtain a seat on the DenTek Board of Directors. Founded in 2008, Atlas Investors, an affiliate of Atlas Advisors, seeks to identify and partner with entrepreneurs and companies, leveraging the industry knowledge, access to senior executives and entrepreneurs, and transaction-structuring skills of its principals and Atlas Advisors' investment banking professionals. Atlas Investors focuses on industry sectors covered by Atlas Advisor's investment banking operations, including consumer products, retail, business services, education, media, chemicals and diversified diversified (di·verˑ·s industrial manufacturing. Atlas Advisors has closed more than $20 billion in transactions since its founding. DenTek is a leader in niche oral care products and was founded in Petaluma, California Petaluma is a city in Sonoma County, California, in the United States. As of the 2000 census, the city had a total population of 54,538. As of 2005, Petaluma's population is 56,721. [link was dead) contains the Rancho Petaluma Adobe, a National Historic Landmark. , in 1984 by John Jansheski who remains DenTek's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Chief Innovation Officer to this day. From its inception, DenTek has been focused on providing innovative consumer oral care products. For more information on DenTek please proceed to www.dentek.com. |
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