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New Deal


Announced

Completed

Accel-KKR-backed OrthoFi completed the acquisition of OrthoBanc.

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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Completed

Acquisition

financial management

Majority

financial services

Private

Domestic

Friendly

United States

Single Bidder

Payments / Commerce

Private Equity

Synopsis

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Accel-KKR-backed OrthoFi, a software and technology-enabled service platform in the Orthodontic specialty industry, completed the acquisition of OrthoBanc, an orthodontic patient financial management company. Financial terms were not disclosed. "OrthoFi's mission has always been to help orthodontic practices Start More Smiles and to simplify their lives. We are thrilled to work with OrthoBanc, and to leverage their legacy of trusted payment solutions and industry-recognized customer service. I am excited and honored to lead this team of talented individuals. Our collective product offerings and our customer-centric cultures are an ideal fit, and will undoubtedly enhance the experience of the customers we serve," Dave Ternan, OrthoFi CEO.

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