Denver-based ClearChoice Holdings LLC, a developer and manager of dental-treatment centers, announced today that it has received a “growth equity investment” from Catterton Partners, a Connecticut private equity firm that acquired Noodles & Co. last year.
The investment will be used to enhance ClearChoice’s marketing strategies and accelerate its expansion plan to double the number of ClearChoice affiliated centers across the United States. Transaction terms were not disclosed.
ClearChoice currently manages 31 doctor-owned centers in 22 markets across the country.
In addition, Jason Lockwood was named as ClearChoice’s new chief executive, replacing co-founder Stephen Boyd who will serve on the board.
Ann Schrader: 303-954-1967 or aschrader@denverpost.com.
