GTCR Announces $200M Strategic Minority Investment in Solmetex

AGIC Capital Acquires Solmetex from Avista Healthcare Partners

March 19, 2025

Dental

AGIC Capital has completed the acquisition of Solmetex, a provider of dental products, waterline safety solutions, amalgam separation and recycling services, from Avista Healthcare Partners. Terms were not disclosed; Avista retains a minority stake and will continue supporting Solmetex's growth under AGIC's ownership.

Avista Capital Partners Acquires Solmetex, LLC

December 17, 2020

Medical Devices

Avista Capital Partners, a New York-based private equity firm focused on healthcare, has completed its acquisition of Solmetex, the leading provider of amalgam separators and dental waste-compliance products and services. The deal (terms undisclosed) transfers ownership from prior investors including AVALT and Gemini Investors (and referenced Riveria Investment Group), with Avista planning to invest in product development and accelerate domestic and international expansion.

GTCR Acquires dentalcorp Holdings Ltd. for C$2.2B

January 14, 2026

Healthcare Services

Funds affiliated with GTCR LLC completed a C$11.00-per-share all-cash acquisition of dentalcorp Holdings Ltd., valuing the company at approximately C$2.2 billion equity (C$3.3 billion enterprise value). The deal results in the delisting of dentalcorp from the TSX; founder Graham Rosenberg and CFO Nate Tchaplia rolled a portion of their equity into the new GTCR-affiliated ownership structure while LC8 DCC Investment Borrower, L.P. (managed by L Catterton) exchanged its subordinate voting shares for cash.

Solmetex, LLC Acquires Sterisil, Inc.

April 5, 2022

Medical Devices

Solmetex, LLC, a portfolio company of Avista Capital Partners, has acquired Sterisil, a Palmer Lake, Colorado-based developer of dental unit waterline infection control products. The add-on strengthens Solmetex's position as a category leader in dental water treatment and safety management, expanding product capabilities and support for dental practices and DSOs in the U.S. and internationally.

Solmetex, LLC Acquires Impladent Ltd.

June 5, 2023

Dental

Solmetex, LLC acquired Impladent Ltd., a provider of regenerative dental materials including bone grafts and resorbable membranes, to expand its dental product portfolio. The transaction — supported by Solmetex's existing investor Avista Capital Partners — brings nearly 40 years of Impladent expertise into the Solmetex platform; financial terms were not disclosed.

GTCR Invests in Biocoat

November 2, 2022

Medical Devices

GTCR has made a strategic, majority recapitalization investment in Biocoat Holdings, LLC, a Horsham, Pennsylvania-based provider of biocompatible hydrophilic coatings and dip-coating equipment for medical devices. Existing investor 1315 Capital and Biocoat management retain minority stakes; GTCR will partner with CEO Jim Moran and add industry veteran Chip Hance as Executive Chairman to support growth, capability expansion and follow-on acquisitions.