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New Deal


Announced

Completed

Avista Capital Partners completed the acquisition of Solmetex from Avalt, Gemini, and Riveria Investment.

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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Majority

Private Equity

Acquisition

Friendly

amalgam separators

United States

Waste and Disposal Services

Domestic

Private

Single Bidder

Completed

Synopsis

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Avista Capital Partners, a private equity firm, completed the acquisition of Solmetex, a provider of amalgam separators and other waste compliance products, from private equity firms Avalt, Gemini Investors, and Riveria Investment Group. Financial terms were not disclosed. "Our investment in Solmetex represents an attractive opportunity to acquire the clear market leader in an indispensable category within the dental industry. With deep customer relationships, strong recurring revenues, a durable portfolio, and a new product pipeline, we believe Solmetex has the potential for robust domestic and international expansion," Sriram Venkataraman, Avista Capital Partners Partner.

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