Standard Dental Labs Inc. (“SDL” or the “Company”) (OTCQB: TUTH), a strategic consolidator of dental laboratories, announces it has signed five non-binding letters of intent (LOIs) to acquire privately-owned, Florida-based dental laboratories. This announcement marks a significant first step in the execution of SDL’s focused consolidation strategy. The five LOIs represent the initial wave of the Company’s disciplined acquisition plan. In parallel, SDL is in active discussions with over 20 additional independent dental laboratory owners across Florida. Management believes this robust pipeline validates its value proposition and provides a clear path toward achieving significant scale.
Read the full article: Standard Dental Labs Accelerates Florida Roll-Up Strategy – Signs 5 LOIs and Advances Pipeline of 20+ Acquisitions Targeting Over $20M in Annualized Revenue //
Source: https://www.prnewswire.com/news-releases/standard-dental-labs-accelerates-florida-roll-up-strategy—signs-5-lois-and-advances-pipeline-of-20-acquisitions-targeting-over-20m-in-annualized-revenue-302566698.html