April 27, 2022
OrVance LLC, a developer of proprietary oral health products, announced an exclusive licensing agreement with DOC Brands Inc. DOC Brands Inc is an emerging consumer oral care company manufacturing and selling products marketed under the Dentemp® brand. Under the terms of the agreement between the two companies, DOC Brands Inc will manage all operations, marketing, sales, and distribution of the OrVance products while sharing in the costs, expected synergies and profits generated by the partnership.
The partnership also named David Fox to lead the venture. Fox is a highly experienced Oral Care CPG executive with nearly 20 years of proven success, including as President/CEO of DenTek Oral Care and General Manager/Vice President of Global Oral Care at Church & Dwight.
According to Ron Schutt, OrVance’s CEO, “We are very excited to enter this partnership with DOC Brands not only for their strong retail distribution and brand recognition, but also their passion to grow the consumer oral health segment by bringing real innovation and value to the consumer. OrVance’s current and future products deliver meaningful innovation that advances oral health, so we are confident this venture with DOC Brands is well poised for success.” “We are also very fortunate to have such a high caliber oral care CPG executive like David Fox, and the extended DOC Brands Inc team, to champion the growth of our OrVance products,” concluded Schutt.
David Fox, Commercial Lead of the partnership and Senior Advisor to DOC Brands Inc stated, “The partnership with OrVance really strengthens DOC Brands’ oral care product line and our ability to continue to bring retailers and consumers meaningful advancements in consumer oral health. I’m very impressed by how OrVance has consistently developed proprietary innovation through its consumer research, science, intellectual property, and the engagement of the dental and orthodontic professions.”
Contact our Team Members advising in this transaction:
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 32 years of advisory and merchant banking experience dedicated to middle-market transactions.