Daily News: August 22, 2012

Golub, Maranon Provide Financing for Riverside Acquisition

Global private equity firm The Riverside Company said it has acquired Orthodontic Design and Production (ODP), a manufacturer of orthodontic brackets, bands and buccal tubes. ODP will join Riverside platform G&H Wire Company, a manufacturer and supplier of orthodontic products for a worldwide customer base.

Golub Capital and Maranon Capital provided financing for the transaction, Jones Day provided legal counsel on the transaction, and Deloitte provided accounting due diligence.

Joseph Ibrahim, principal of Healthcare Origination, sourced the investment opportunity for Riverside. The acquisition was Riverside’s 62nd healthcare acquisition, making it the firm’s most active specialization.

Vista, CA-based ODP sells branded and private label products through more than 175 distributors throughout 62 countries. G&H manufactures a comprehensive suite of orthodontic force products including arch wires, springs and elastomerics, and offers all ancillary products an orthodontist may require.

The Riverside Company is a global private equity firm focused on acquiring growing businesses valued at up to $200 million.