An Asset Purchase Agreement, long sought by Benco Dental to acquire the operations, knowledge and industry-leading “know how” of American Dental Industries, Inc. (“ADI”) (through an affiliate of Benco Dental, Mobile Healthcare Ventures, Inc.) has been cancelled by both parties due to their mutual inability to reach final terms. Benco Dental previously announced a successful Asset Purchase Agreement in June of 2021.
ADI continues to set the highest standards for the mobile dental industry by integrating the most current medical and dental technology with cost effective, innovative, and functional designs.
Tim Kitch, ADI’s president, stated that “ADI remains open for business and will continue to serve as the premier source for custom, mobile dental/medical operatory clinics. Additionally, we wish to personally thank everyone at Benco Dental for their long interest and hard work on building a relationship, which unfortunately did not result in a successful agreement. However, this experience has made ADI a better and stronger company than ever before.”
ADI remains committed to this exciting and growing market, but ADI wishes to let any of those who are interested know that ADI (and certain related entities) is still interested to entertain any discussions with interested buyers, mergers and/or potential partners in this field. For any inquiries or clarifications please contact Tim Kitch directly at tim.kitch@adi-mobilehealth.com or (503) 885-0886.
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