ClearChoice Holdings Acquisition, Valuation, Funding & Investors

ClearChoice Holdings was acquired by Aspen Dental Management for $1.1B in November 2020.

ClearChoice Holdings acquisition price

$1.1B

Acquired by Aspen Dental Management ยท Nov 2020

Cumulative funding ClearChoice Holdings raised

$10M

across 1 funding round

ClearChoice Holdings Overview

About ClearChoice Holdings

ClearChoice Holdings is a Greenwood Village-headquartered developer and operator of dental support organizations specializing in full-mouth dental implant procedures. Each center provides comprehensive services including CT scans, implant surgery, and prosthetics under one roof using proprietary All-on-Four techniques. ClearChoice manages over 85 locations across the United States and Canada. The company partners with independent dentists and oral surgeons to deliver treatments for edentulous patients seeking permanent tooth replacements.


Founded

2005

HQ

United StatesDenver, CO

Status

Acquired

Customer focus

B2C

Revenue model

Services

Valuation

$1.1B (acquired Nov 2020)

ClearChoice Holdings Acquisition

ClearChoice Holdings was acquired by Aspen Dental Management for $1.1B on 16 November 2020.

Before the acquisition ClearChoice Holdings had raised $10M across 1 funding round.

ClearChoice Management Services (CCMS) is a dental support organization that provides non-clinical practice support services to a network of ClearChoice Dental Implant Centers, specializing in fixed and removable prosthetics and full-arch dental restorations. As of the acquisition announcement, ClearChoice operated approximately 60 dental implant centers across the United States and had demonstrated strong market performance with annual growth exceeding 15-20% and over 100,000 patient restorations completed since its 2005 inception. Aspen Dental Management, a much larger DSO with over 860 locations in 42 states owned by private equity sponsors Ares Management, Leonard Green & Partners, and American Securities, announced the acquisition of ClearChoice from Sun Capital Partners in November 2020 for a purchase price of $1.135 billion. The transaction was funded almost entirely with debt, primarily through a $1.2 billion first lien senior secured term loan with management rollover equity. The acquisition was strategically designed to combine two leading dental brands and create the largest provider of fixed and removable prosthetics in the United States, with combined operations exceeding 1,000 healthcare locations across 45 states. The deal closed by year-end 2020 and was expected to generate synergies through enhanced procurement savings, accelerated innovation in digital dentistry and laboratory services, and operational integration while allowing ClearChoice to continue operating largely independently under its existing CEO.

ClearChoice Holdings acquisition details
AcquirerDateTypePrice
  • Aspen Dental Management
16 Nov 2020Strategic M&A$1.1B

ClearChoice Holdings Funding History

ClearChoice Holdings has raised a total of $10M across 1 funding round.

ClearChoice Holdings funding rounds

ClearChoice Holdings funding rounds
DateStageRaised
Oct 2013Series A$10M

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ClearChoice Holdings Competitors

ClearChoice Holdings competitors include listed companies like CVS Group, CEWE Group and XPS Pensions Group, and private ones like Vagaro, Papa and Squire.

Public and private companies comparable to ClearChoice Holdings
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CVS GroupUnited KingdomUnited KingdomPublicly listed$904M$152M$1.2B1.6x
VagaroUnited StatesUnited StatesPrivate--$1B-
PapaUnited StatesMiami, FLPrivate--$1.4B-
CEWE GroupGermanyGermanyPublicly listed$1B$160M$835M0.9x
XPS Pensions GroupUnited KingdomUnited KingdomPublicly listed$353M$80M$819M2.5x
SquireUnited StatesNew York City, NYPrivate$15M-$750M50.0x

ClearChoice Holdings Public Comps

ClearChoice Holdings is no longer listed, but its public comps include CVS Group, CEWE Group, XPS Pensions Group, Musti Group, Carriage Services, Mears Group, Andrews Sykes Group, Propel Funeral Partners, IBJ Inc. and Bright Horizons Family.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
CVS Group$904M$152M1.7x1.6x10.0x8.0x
CEWE Group$1B$160M0.8x0.9x5.3x5.3x
XPS Pensions Group$353M$80M2.6x2.5x11.3x8.7x
Musti Group$586M$67M1.4x-12.4x-
Carriage Services$417M$124M2.5x2.4x8.3x7.7x
Mears Group$1.5B$209M0.5x0.5x3.6x4.3x
Andrews Sykes Group$103M$44M2.8x-6.6x-
Propel Funeral Partners$160M$38M2.5x2.5x10.7x10.1x

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Common questions about ClearChoice Holdings

When was ClearChoice Holdings founded?ClearChoice Holdings was founded in 2005.
Where is ClearChoice Holdings headquartered?ClearChoice Holdings is headquartered in Denver, CO, United States.
Is ClearChoice Holdings publicly listed?No, ClearChoice Holdings was acquired by Aspen Dental Management in November 2020.
Who acquired ClearChoice Holdings?ClearChoice Holdings was acquired by Aspen Dental Management in November 2020.
How much was ClearChoice Holdings acquired for?ClearChoice Holdings was acquired for $1.1B in November 2020.
How much funding has ClearChoice Holdings raised?ClearChoice Holdings has raised $10M across 1 funding round.
What was ClearChoice Holdings' last funding round?ClearChoice Holdings' last funding round was a $10M Series A in October 2013.
Which companies are comparable to ClearChoice Holdings?Companies comparable to ClearChoice Holdings include CVS Group, Vagaro, Papa, CEWE Group, XPS Pensions Group and Squire.

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