Avista Healthcare Partners Completes Sale of Solmetex to AGIC Capital [Yahoo! Finance]
Houlihan Lokey, Inc. Class A (HLI)
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Source: Yahoo! Finance
healthcare, is pleased to announce the successful completion of the sale of Solmetex ("Solmetex" or the "Company"), a leading provider of dental products, systems, and consumables such as amalgam separation, waterline safety solutions, dental isolation technology, and regenerative biomaterials, to AGIC Capital, a global private equity firm known for creating value for its diverse portfolio companies across Europe Asia , and the United States . The terms of the transaction were not disclosed. This transaction marks a new chapter for Solmetex and underscores its commitment to innovation and excellence in the dental industry. As part of the transaction, Avista has retained a minority stake in the Company to continue supporting its growth alongside AGIC Capital. Sriram Venkataraman , Partner at Avista, stated, "We have greatly valued our partnership with the Solmetex management team, supporting their significant growth over the past four years. Solmetex's impressive trajectory has bee
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