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New Deal


Announced

The Jordan Company-backed Vyne to acquire Renaissance Electronic Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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edi services

Private

Single Bidder

Pending

electronic payment services

Majority

Private Equity

Friendly

United States

payment processing solutions

Acquisition

Information / Data Services

Synopsis

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Private equity firm The Jordan Company-backed Vyne, a health information exchange services provider, is set to acquire Renaissance Electronic Services, a technology company providing EDI products and services to dental practices. Financial terms were not disclosed. "Vyne and Renaissance share a common goal of empowering providers with technology solutions to better run their businesses. Uniting our companies means we're able to strategically offer dental practices the unique opportunity to partner with a single organization that possesses more than 50 years of combined experience developing cutting-edge dental technology solutions," Lindy Benton, Vyne President, and CEO.

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