CareCapital acquires Neoss
CareCapital Advisors Limited, an equity investor focused on the dental and oral care industry, has announced an agreement to acquire Neoss Limited.
CareCapital is one of the largest dental investors in the world, having invested more than $1bn in the sector, and provides a patient and collaborative environment for dental entrepreneurs and talented executives to realise their customer-centric visions.
Neoss is a global dental implant company committed to designing solutions that provide reliable and cost-effective patient care with excellent long-term results. Neoss has developed a range of dental solutions and “intelligently simple” procedures designed to deliver better patient care and shorter procedure times that enhance practice productivity. With a rich portfolio of intellectual property and long-term clinical data, Neoss’ peer-reviewed and published clinical support validates the efficacy of its solutions.
In conjunction with the transaction, Robert Gottlander has been appointed president and CEO of Neoss. With over forty years of dental industry experience, Gottlander has a proven track record developing and commercialising dental solutions.
Dai Feng, co-founder and managing director of CareCapital, commented, “We are excited to welcome Neoss and Robert into our family. Both are dental trailblazers that, coupled, will elevate the Neoss customer experience and advance the Neoss mission. The company’s well–established brand, history of innovation, clinical validation and solid market position fit well with Robert’s customer-centric principles and passion for innovation.”
Michael J. Dormer, chairman and CEO of Neoss, said, “Reflecting on a wonderful journey over the past 20 years in which Neoss has built a formidable position in the dental marketplace, it is with great pride that our management team, staff and partners will be central to the next stage of progression under new ownership.”
After graduating from the University of Gothenburg School of Dentistry, Gottlander joined Nobel Biocare, where he held several senior executive leadership roles. Throughout his 27-year tenure, he led the team that established clinical and educational concepts for modern dental implantology, co-developed and launched Procera, the world’s first successful CADCAM system, and developed new concepts combining implants and digital dentistry.
Gottlander then joined Henry Schein, Inc., where, as chief marketing officer of global dental, he led the global initiative as strategic planner for prosthetic and implant solutions, guiding product offerings worldwide and creating commercial sales and marketing strategies. Gottlander went on to serve the dental industry on a consulting basis. Throughout his career, Gottlander has created numerous industry-university partnerships, architecting research projects and educational programs to improve dental implant and digital technology innovation.
After two decades of service, Dormer will retire, in line with his long-standing personal intentions. Dormer will remain with the company in an advisory role to ensure a smooth transition.
“I am thrilled to be joining the Neoss team,” said Gottlander. “Building on its esteemed heritage in Gothenburg, the birthplace of modern dental implants, Neoss shares my aspiration to pioneer dental innovation that improves patient care. I applaud the team at Neoss and Mr Dormer for his leadership, who, together, have created a prominent global brand. I am looking forward to partnering with CareCapital to expand on that legacy and accelerate the long-term growth of the business through astute customer service and intelligently simple innovation.”
“I am excited to collaborate with CareCapital and Robert to further advance Neoss’ technology,” added Fredrik Engman, co-founder and chief technology officer of Neoss. “The support and dental knowhow that this transaction brings, will benefit our staff to enable better service for the needs of doctors and patients.”