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New Deal


Announced

Completed

Avista Capital-backed Solmetex completed the acquisition of DryShield.

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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Medical Supplies

Friendly

Private

Acquisition

Completed

Majority

United States

medical supplies

Single Bidder

Private Equity

Domestic

Synopsis

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Avista Capital-backed Solmetex, a manufacturer and supplier of amalgam separators and other waste compliance products, completed the acquisition of DryShield, a manufacturer of dental products dedicated to equipping dentists. Financial terms were not disclosed. "This is a transformational time for Solmetex and the addition of DryShield to our platform will ensure growth and expansion into other technology areas where we believe Solmetex will be successful. We will continue to deliver excellent customer service, and high-quality, reliable products to all of our business partners and the patient populations they serve. I look forward to the opportunity to collaborate with the team to execute our future growth plans," Gene Dorff, Solmetex CEO.

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