Aquiline and Level Equity Recapitalize Planet DDS

Aquiline Capital Partners and Level Equity Make Majority Investment in DocuPhase

February 20, 2024

Cloud & SaaS

Aquiline Capital Partners and Level Equity have made a majority investment in DocuPhase LLC, a Tampa-based provider of accounting and finance process automation software. The investment will fund product innovation, expansion of the product suite (including vendor payments), and continued organic growth across DocuPhase’s more than 1,200 customers.

Planet DDS Acquires QSIDental from NextGen Healthcare

August 11, 2022

Cloud & SaaS

Planet DDS, a leading provider of cloud-based dental software, has acquired QSIDental (including QSIDental Web) from NextGen Healthcare. The acquisition strengthens Planet DDS's cloud-based product portfolio and aims to support and transition QSIDental customers onto Planet DDS's cloud solutions across North America.

Planet DDS Acquires Cloud 9 Software from Accel-KKR

January 5, 2023

Cloud & SaaS

Planet DDS, a PE-backed provider of cloud-based dental software, has acquired Cloud 9 Software from Accel-KKR to strengthen its multi-specialty platform by adding Cloud 9’s orthodontic and pediatric practice management capabilities. The deal positions Planet DDS to offer a broader single-vendor solution for dental practices and accelerate Cloud 9’s cloud-first mission; financial terms were not disclosed.

Level Equity Recapitalizes TeamDynamix with K1 Rolling a Material Stake

December 21, 2022

Cloud & SaaS

Level Equity Management has made a majority investment in TeamDynamix, a Columbus-based provider of ITSM, PPM and iPaaS software, while existing investor K1 Investment Management exited but rolled a material portion of proceeds back into the business and will remain a significant equity holder. The recapitalization is intended to provide growth capital to accelerate product innovation and expand TeamDynamix's market share across industries such as financial services, healthcare and the public sector.

Aquiline Capital Partners Acquires Majority Stake in Quicken Inc.

October 4, 2021

Software

Aquiline Capital Partners has acquired a majority stake in Quicken Inc. from an affiliate of H.I.G. Capital. Quicken's management, including CEO Eric Dunn, will retain equity and the company will continue operating from its Menlo Park headquarters while partnering with Aquiline to invest in its personal financial management software and digital offerings.

KKR Recapitalizes DentalXChange as Bregal Sagemount Exits

August 6, 2025

Healthcare Services

KKR has completed a recapitalization of DentalXChange, a leading provider of dental revenue cycle management solutions, with prior investor Bregal Sagemount exiting its investment. KKR said it will support DXC's expansion of automation and AI capabilities, and implement a broad-based employee equity program while DentalXChange continues to operate under CEO Paul Kaiser.