Sebring Software, Inc., named Northern Illinois University alumnus Larry Colton as chief financial officer. As the company gains momentum in dental practice management (DPM), a new finance officer is primed to take Sebring into a vigorous acquisitions phase, according to a company news release.
Colton, who earned his MBA from NIU, has served as the company’s vice president of finance since September 2013.
“Bringing a unique skill set to the company, Mr. Colton will be critical to our success during this particular phase of the company’s rapid growth. It is vital that the right talent is positioned properly throughout the organization. We are excited about the addition of Mr. Colton because he complements our management team in a special way,” says Sebring CEO Leif Andersen.
Colton has over 30 years accounting and finance experience and has held a variety of positions in several industries, including serving as CFO for a publicly traded company in the automotive claims industry from 2005 to 2010. Previously, he was vice president of an asset management division of a financial services firm.
“The challenges of meeting the demands of the expanding DPM industry are very exciting. I am encouraged by the size and trend in the industry, which will allow us to keep growing for a long time. Also, I am eager to collaborate with the Sebring management team in a new capacity,” commented Colton.
Colton oversaw Sebring’s most recent acquisition of two Florida-based dental practices, bringing the total orthodontic and dental practices under management to 39 nationwide. With more growth on the horizon, Colton is poised to take Sebring into the next stage.