Standard Dental Labs signs binding agreement to acquire Florida lab

ORLANDO - Standard Dental Labs Inc. (OTCQB:TUTH) announced Wednesday it has signed a binding agreement to acquire Dream Dentistry Labs, LLC, a dental laboratory in Clearwater, Florida. The micro-cap company, currently valued at $2.59 million, is making strategic moves despite reporting just $310,000 in revenue over the last twelve months.

The agreement, signed on November 4, will connect SDL's Orlando operations with the Tampa Bay area as part of its regional expansion strategy. Dream Dentistry Labs employs five technicians and is expected to exceed $1 million in revenue for 2025, according to the press release statement. This acquisition could significantly boost TUTH's revenue profile, as the target's projected revenue is more than triple TUTH's current annual revenue.

The acquisition will be structured through a combination of cash and performance-based shares, with the share component to be released over a two-year period contingent upon meeting operational and revenue milestones. The transaction remains subject to due diligence and other closing conditions. According to InvestingPro data, TUTH currently faces liquidity challenges with short-term obligations exceeding liquid assets, which investors should consider when evaluating this acquisition's funding structure.

"This agreement represents another major step toward establishing a connected network of high-performing dental labs across Central Florida," said James Brooks, CEO of Standard Dental Labs Inc.

Following the acquisition, Dream Dentistry Labs will maintain its current name while adopting SDL's centralized procurement, digital infrastructure, and quality management systems.

The company stated it is also in active negotiations with four other dental laboratories across Central Florida under previously announced exclusivity rights. SDL indicated these discussions may result in additional acquisitions to strengthen its position in the regional dental laboratory sector.

Dream Dentistry Labs specializes in digital implant design, full-arch restorations, chairside conversions, and CAD/CAM workflows, serving clinicians and dental service organizations throughout Florida.

Standard Dental Labs Inc. is a Florida-based dental laboratory consolidator focused on acquiring and integrating laboratories through shared systems and operational standards.

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