NSCP invests in GSS
CLEVELAND, OH - Ninth Street Capital Partners, a Cleveland-based private investment firm, is pleased to announce it has acquired a minority stake in Guided Surgery Solutions, LLC (GSS). This investment marks the firm’s first pure play in the venture space. Terms were not disclosed.
Headquartered in Wellesley, Mass., Guided Surgery Solutions designs, manufactures, and sells 3-D image-based drill guides for dental implant surgery. The ThinLayer™ Drill Guide System was developed in the founder’s clinical practice, in response to the design limitations of existing products. The solution makes guided surgery technically and economically feasible for all implant surgeons, allowing them to provide better treatment to more patients. Though Ninth Street has historically invested in more mature businesses, the partners felt that GSS was a unique opportunity to disrupt a mature industry.
About Ninth Street Capital Partners
Ninth Street Capital Partners is an investment firm located near Cleveland, Ohio. It was founded in 2009 and makes lead investments in smaller middle market companies across a diverse range of industries. Ninth Street takes a hands-on operational approach, investing in growing niche-leading companies with revenues of $5 million to $50 million and EBITDA of $2 million to $10 million. More information on Ninth Street may be found at its website, www.ninthstreetcapital.com.