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CRBD Joint Venture, Merger or Acquisition
In a unanimous vote, the board of directors, patient advisory board, and ethics committee has decided to move forward with an effort to maintain its vital dental facilities and other operations within the local Costa Rican community. Costa Rican BioDental is actively pursuing to sell it’s private practice’s clinic, the office and all of it’s resources in order to reach a proper merger or acquisition exit strategy. With the strategic buyer who sees a good fit with the operational and ethical approach’s of the practice, Costa Rican BioDental will be able to continue on and serve more patients, meet future operating expenses and prevent its permanent closure.
As previously announced with the initiation of the sale process, other humanitarian considerations including but not limited to support, guidance, consulting, advocacy, legal counsel and help will be included in the sale as well which will be contingent on both the healthy recovery and long-term performance viability of the company, practice and clinic’s role in assisting more and more patients receive the treatment options that they deserve for many more generations to come.
The purchase includes:
• All Costa Rican BioDental Assets, including but not limited to the following;
Corporations, Domains & Email Addresses
• America BioHealth S.A. Costa Rican Corporation and domain www.americabiohealth.com (100% Ownership)
• America BioDental S.A. Costa Rican Corporation (50% Stake) www.americabiodental.com domain (100% Ownership)
• costaricanbiodental.com and all vitual assets hosted on WPEngine’s live production site
• crbiodental.com domain pointed to WPEngine live staging site as a landing page for new patient registration & advisory board signup.
& email address and all vitual assets hosted on WPEngine with a live production & staging sitecrbiodental.com clinic websites along with 100 google, microsoft and zoho lifetime free email accounts.
• CyclopsHub Accademy & healthcare marketing agency (www.cyclopshub.com) along with 25 Zoho free lifetime email accounts.
• Costa Rican Legal website & it’s healthcare legal related advisory (cyclopshub.com) along with 5 Zoho free lifetime email accounts.
Social media, YouTube, Instagram & all intellectual property
• Costa Rican BioDental, Costa Rican BioDental Jobs & Costa Rican BioDental Liberia Facebook Pages (Social Media)
• Costa Rican BioDental, Costa Rican BioDental Jobs & Costa Rican BioDental Liberia YouTube Channels (YouTube)
• Costa Rican BioDental inventions, literary and artistic works; designs; and symbols, names and images used in commerce
Company assets, clinical equipment & materials
• BioHealth Farm
• BioHealth Office
• The BioHealth Guest House, offices, parking lots and garages
• BioHealth Kitchen
• Costa Rican BioDental Liberia
• Dental groups affiliated with Costa Rican BioDental
“We are grateful to all past and future patients for their joint efforts in preserving these high-quality dental services throughout our community and beyond which is vital for so many people around the world.” said CRBD President Victor Ronald K.M. “We are proud to protect that legacy and to ensure the continuation of that care as we continue to guarantee and enhance these cutting-edge dental services and facilities to meet the growing needs of the community, the region, and the country now and in the future.”
This agreement is an important step forward in CRBD’s ongoing transformation. The sale of Costa Rican BioDental will better position CRBD, both financially and strategically, for long-term shareholder value creation by allowing it to focus on its core dental services business and significantly reducing the Company’s leverage and future capital expenditures. This transaction also aligns its future owners to participate in the success of the organization under its future ownership.
Approved by the CRBD Board at its meeting this morning, the sale is expected to close on or after Aug 8, pending approvals. As part of the agreement, the new owner will assume the management of the facilities upon closing
In a unanimous vote, the board of directors, patient advisory board, and ethics committee has decided to move forward with an effort to maintain its vital dental facilities and other operations within the local Costa Rican community. Costa Rican BioDental is actively pursuing to sell it’s private practice’s clinic, the office and all of it’s resources in order to reach a proper merger or acquisition exit strategy. With the strategic buyer who sees a good fit with the operational and ethical approach’s of the practice, Costa Rican BioDental will be able to continue on and serve more patients, meet future operating expenses and prevent its permanent closure.
As previously announced with the initiation of the sale process, other humanitarian considerations including but not limited to support, guidance, consulting, advocacy, legal counsel and help will be included in the sale as well which will be contingent on both the healthy recovery and long-term performance viability of the company, practice and clinic’s role in assisting more and more patients receive the treatment options that they deserve for many more generations to come.
The purchase includes:
• All Costa Rican BioDental Assets, including but not limited to the following;
Corporations, Domains & Email Addresses
• America BioHealth S.A. Costa Rican Corporation and domain www.americabiohealth.com (100% Ownership) hosted on google sites.
• America BioDental S.A. Costa Rican Corporation (50% Stake) www.americabiodental.com (100% Ownership) hosted on google sites.
• costaricanbiodental.com official clinic web address hosted on WPEngine’s live production site.
• crbiodental.com landing page for new patient registration and advisory board patient signup hosted on WPEngine’s live staging site.
• cyclopshub.com healthcare marketing agency site hosted on google sites.
• costaricanlegal.com healthcare law platform and legal counsel site hosted on google sites.
• Over 100 google, microsoft and zoho lifetime free enterprise class email accounts for all 6 domains under management.
Social media, YouTube, Instagram & all digital intellectual property
• Costa Rican BioDental, Costa Rican BioDental Jobs & Costa Rican BioDental Liberia Facebook Pages (Social Media)
• Costa Rican BioDental, Costa Rican BioDental Jobs & Costa Rican BioDental Liberia YouTube Channels (YouTube)
• Costa Rican BioDental inventions, literary and artistic works; designs; and symbols, names and images used in commerce
Company assets, clinical equipment & materials
• BioHealth Farm
• BioHealth Office
• The BioHealth Guest House, offices, parking lots and garages
• BioHealth Kitchen
• Costa Rican BioDental Liberia
• Dental groups affiliated with Costa Rican BioDental
“We are grateful to all past and future patients for their joint efforts in preserving these high-quality dental services throughout our community and beyond which is vital for so many people around the world.” said CRBD President Victor Ronald K.M. “We are proud to protect that legacy and to ensure the continuation of that care as we continue to guarantee and enhance these cutting-edge dental services and facilities to meet the growing needs of the community, the region, and the country now and in the future.”
This agreement is an important step forward in CRBD’s ongoing transformation. The sale of Costa Rican BioDental will better position CRBD, both financially and strategically, for long-term shareholder value creation by allowing it to focus on its core dental services business and significantly reducing the Company’s leverage and future capital expenditures. This transaction also aligns its future owners to participate in the success of the organization under its future ownership.
Approved by the CRBD Board at its meeting this morning, the sale is expected to close on or after Aug 8, pending approvals. As part of the agreement, the new owner will assume the management of the facilities upon closing
Join our Patient Advisory Board
Please complete and submit this form if you are interested in serving on the Patient Advisory Council(PAC) as an advisor. The PAC will provide the CRBD Healthcare System and it’s administrators, physicians and staff with suggestions and constructive feedback on a variety of patient issues concerning patient care at Costa Rican BioDental and its offices.
The PAC will meet as a group approximately six times each year with various CRBD staff. All meetings will beheld virtually. Patient Advisors will serve a two-year term.
