The laboratory now entering auditor preparation is the first of five new acquisitions of private Florida dental laboratories currently in SDL's acquisition pipeline. Each transaction is being executed sequentially to ensure a thorough and disciplined process that meets the Company's due diligence, accounting, and integration standards.
Completion of this next closing would further expand SDL's revenue base and strengthen its position as a consolidator in one of the nation's most fragmented dental laboratory markets.
"Following our acquisition of Prime Dental Labs, we're now preparing materials for our next acquisition — the second in a growing pipeline," said James Brooks, CEO of Standard Dental Labs. "Our team is finalizing the materials required for auditor review — the final procedural step before closing. This represents another key milestone as SDL continues executing on its strategy to build Florida's first scalable dental lab network."
Florida's dental laboratory industry is composed largely of independently owned facilities, many of which are seeking succession and modernization solutions. SDL's acquisition model offers a structured pathway for these owners to transition while retaining participation in the Company's broader growth through equity ownership and continued operational involvement.
About Standard Dental Labs Inc. (OTCQB: TUTH)
Standard Dental Labs Inc. is a Florida-based dental laboratory consolidation company focused on building a scalable, technology-driven network of dental laboratories across the state. Through strategic acquisitions, SDL brings modernization, efficiency, and consistency to a traditionally fragmented industry while preserving the craftsmanship and client relationships of each acquired lab.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding potential acquisitions (including LOIs), the acquisition pipeline, the likelihood and timing of definitive agreements and closings, expected financial impact of completed acquisitions, revenue run-rate targets, integration plans, operational efficiencies, capital availability, and the Company's growth strategy. Forward-looking statements are based on current expectations and involve inherent risks and uncertainties that could cause actual results to differ materially.
These risks include, but are not limited to, outcomes of due diligence; the ability to negotiate and execute definitive agreements on favorable terms, or at all; the availability of financing for acquisitions; the ability to successfully integrate acquired businesses and realize anticipated synergies; market competition; and other risks and uncertainties described in the Company's filings, including its Form 1-A/A and related amendments filed with the U.S. Securities and Exchange Commission and disclosures furnished to OTC Markets. Standard Dental Labs Inc. undertakes no obligation to update or revise any forward-looking statements, except as required by law.
SOURCE Standard Dental Labs Inc.
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