February 2, 2021
PMC Capital notes that Ransom & Randolph Company, is a leading mission-critical manufacturer and supplier of specialty consumables to the global investment casting industry, serving aerospace, defense, industrial gas turbine, automotive, commercial, jewelry, dental, and art casting markets from Dentsply Sirona, Inc.
Financial terms of the transaction were not disclosed.
The divestment of Ransom & Randolph is part of Dentsply Sirona’s strategy to focus on its core business.
“We are extremely thrilled that this transaction creates an opportunity from which both sides will benefit. As Ransom & Randolph looks forward to the future, the roadmap will be to execute a growth model which includes strategic acquisition and organic growth,” says Michel Tamer, Managing Partner of PMC Capital.
“As an independent business, Ransom & Randolph will strengthen its focus on our industrial foundry, jewelry and dental lab customer base, while also remaining an important partner to Dentsply Sirona. The R&R team and I are eager to serve our customers in new and exciting ways,” says Daniel Nixon, President of Ransom & Randolph.
Founded in 1872, Ransom & Randolph is dedicated to advancing the global investment casting industry. Ransom & Randolph has provided foundries, dental labs, and jewelers with extensive process knowledge, exceptional technical expertise and innovative product technology since the 1800s. By coupling revolutionary product developments with experienced staff, manufacturing and warehousing facilities worldwide, Ransom & Randolph successfully helps customers become casting industry leaders.
CriticalPoint Partners, LLC served as Dentsply Sirona’s exclusive financial advisor for the transaction.