Investment, Secured as Part of Recapitalization, Led by General Atlantic Credit’s Atlantic Park Fund to Launch New Oral Healthcare Innovation Hub.
Investment Overview
Carestream Dental has secured over $525 million in new capital, led by General Atlantic Credit as part of a recapitalization strategy. This investment aims to reduce debt and enhance operational flexibility.
Innovation Hub Launch
Carestream Dental has launched an Oral Healthcare Innovation Hub, with plans to unveil innovations at the International Dental Show in March 2025, advancing the practice of oral healthcare.
Company Vision
Carestream Dental's CEO, Lisa Ashby, emphasizes the partnership's importance for future investments in tools, technology, and AI, thus positioning the company for significant growth in the digital dental market.
Strategic Partnerships
The recapitalization involves partnerships with General Atlantic Credit, Canyon Partners, and other entities, aiming to innovate and streamline dental technologies across a global customer base.
Background on Carestream Dental
Established in 2017, Carestream Dental focuses on digital solutions for oral healthcare, currently serving over a million users in more than 100 countries, with a strong innovation track record.