Le Lézard
Classified in: Health, Business
Subject: TNM

Avista Capital Partners Announces Completion of Solmetex Acquisition


NEW YORK, Jan. 19, 2021 /PRNewswire/ -- Avista Capital Partners ("Avista"), a leading private equity firm focused exclusively on healthcare, last week completed its previously announced acquisition of Solmetex, the industry's leading provider of amalgam separators and other waste compliance products to the U.S. and Canadian dental industries. Terms of the transaction were not disclosed.

For over 25 years, Solmetex has been an innovator in waste solutions, with a primary focus on ensuring dental practices remain compliant with the ever-changing regulatory landscape.

Avista's acquisition will enable Solmetex to continue its commitment to deliver best-in-class, environmentally responsible dental waste technologies and programs to its physician partners and the communities they serve, while fueling investment in the future growth of its products and offerings, as well as accelerating expansion. Avista believes that Solmetex has the potential for robust domestic and international growth.

About Solmetex
Solmetex provides waste management products and services through a series of specialized processes and systems that cost-effectively remove mercury from the waste stream and offers additional dental waste solutions. The company's NXT Hg5tm Series of Amalgam Separators and recycling program, which treat dental wastewater, is highly regarded as the best solution for regulatory compliance. Solmetex is widely recognized as the single trusted source for comprehensive environmental solutions for dental waste needs. For additional information, visit www.solmetex.com

About Avista Capital Partners
Founded in 2005, Avista Capital is a leading New York-based private equity firm with over $6 billion invested in more than 35 growth-oriented healthcare businesses globally. Avista partners with businesses that feature strong management teams, stable cash flows and robust growth prospects ? investing in the medical devices and technologies, pharmaceuticals, outsourced pharmaceutical services, distribution, and consumer-driven healthcare sectors. Avista's Operating Executives and Advisors are an integral part of the team, providing strategic insight, operational oversight, and senior counsel, which helps drive growth and performance, while fostering sustainable businesses and creating long-term value for all stakeholders. For additional information, visit www.avistacap.com.

Media Contacts
Daniel Yunger 
Kekst CNC
212-521-4800
[email protected]

Solmetex, LLC
Bill Gerety, Vice President, Marketing and Customer Experience
508.986.2358
[email protected]

 

SOURCE Avista Capital Partners


These press releases may also interest you

at 13:12
Radians quarterly grassroots Tickets for Charity program empowers Midsouth nonprofits JIFF and The ARC Northwest Mississippi
Empowered by employee donations and matched by management contributions, Radians® quarterly Tickets for Charity (TFC) program champions local Memphis and Midsouth charities, offering crucial support for sustaining daily operations and expanding their...

at 13:07
Multi-talented Emmy® Award-Winning Host & Actress Tamera Mowry-Housley Set to Receive Trailblazer Award at A Pink Pump Affair
Multi-award-winning Civil Rights Attorney and Child Advocate, Areva Martin, in collaboration with the Special Needs Network (SNN), has revealed the distinguished honorees for the 16th Annual A Pink Pump Affair. This noteworthy charity event is...

at 13:05
Convergent Dental's "Solea User Group Meeting" Rebranded to "Solea Summit"
Convergent Dental, the power behind the Solea® All-Tissue Dental Laser, proudly announces the rebranding of its annual customer event from the "Solea User Group Meeting" to the "Solea Summit." This update reflects the evolution of the event into the...

at 13:00
Laniado Hospital Kicks Off Major Campaign For Building New Rocket-Proof Emergency Building In Netanya
The Laniado Hospital in Netanya, Israel, is embarking on a crucial initiative to construct the country's first fully sheltered emergency care building. With the support of the Laniado Development Fund, this endeavor aims to enhance public healthcare...

at 13:00
Ocenture Unveils Joint Partnership with Iron Remedy MD, Founded by Iconic Boxing Legend, Entertainer and Entrepreneur Mike Tyson.
Ocenture, a prominent player in Telemedicine and private label development for three decades, proudly announces a partnership with Iron Remedy MD, a concierge healthcare company founded by Ocenture and iconic boxing legend, entertainer, and serial...

at 12:52
Tampa General Hospital, Manatee County and ArcherFRS Introduce First-In-The-Nation Program to Deliver Life-Saving Emergency Response Equipment Via Drone Delivery
As part of Tampa General Hospital's (TGH) commitment to transforming health care through innovation, the academic health system collaborated with Manatee County and Archer First Response Systems (ArcherFRS) to accelerate response times to...

More news about Health...


News published on and distributed by: