Young Innovations, Inc. has announced it will be acquired by Linden Capital Partners.

The transaction is value at approximately $314 million.

Young Innovations develops, manufactures and markets supplies and equipment used by dentists, dental hygienists, dental assistants and consumers. It is headquartered in East Earth City, Mo.

Linden Capital Partners is a Chicago-based private equity firm focused exclusively on leveraged buyouts in the healthcare and life science industries.

If approved by shareholders, the transaction is expected to close in the first quarter of calendar year 2013.