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New Deal


Announced

Level Equity-backed Planet DDS to acquire Apteryx Imaging for $29m.

Financials

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Transaction Value£22m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium105.6%
One Off Charge-

Tags

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Friendly

Canada

Pending

Private Equity

Majority

Single Bidder

Cross Border

Software

Acquisition

Public

diagnostic imaging software

Synopsis

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Level Equity-backed Planet DDS, a software company in Newport Beach, California, agreed to acquire Apteryx Imaging, a provider of diagnostic imaging software, for $29m. "Planet DDS has been our most productive cloud partner and instrumental in our overall growth. Our combined cloud software offerings are highly synergistic with proven market appeal and acceptance, especially among Dental Support Organization practices. I look forward to working with Eric and the Planet DDS team and participating in their future success," David Gane, Apteryx CEO.

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