Operating Company Healthcare

PracticeTek

San Diego, California, United States

PracticeTek is a collection of best-in-class healthcare software solutions for the retail healthcare market (including dental, orthodontic, chiropractic, optometry, and dermatology). Its offerings span practice management, EHR, RCM, patient engagement, and related marketing/payments capabilities, supporting clinics and multi-site organizations.

Focus Areas
Dental practice management software, EHR, Revenue cycle management (RCM)
Website
practicetek.com

Tracked deals

3

3 tracked deals across 2022-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

2 addon · 1 buyout

PracticeTek Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for PracticeTek. 1 2022 1 2023 1 2024

Supporting Data

Recent Transactions

  • Buyer
    PracticeTek, Total Dental
    Target
    Ora Dental
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    PracticeTek has finalized the full acquisition of Ora (Ora Dental), taking ownership of the cloud-based, all-in-one dental practice management platform in collaboration with Total Dental. The purchase brings Ora’s scheduling, patient records, billing and analytics capabilities into PracticeTek’s healthcare software portfolio to strengthen its offerings for single practices, multi-specialty clinics and DSOs.

  • Buyer
    PracticeTek, Lightyear Capital, Greater Sum Ventures, Waud Capital Partners
    Target
    Integrated Practice Solutions (IPS)
    Type
    Addon

    PracticeTek has merged with Integrated Practice Solutions (IPS), with the combined business retaining the PracticeTek brand and Lightyear Capital remaining the majority owner. Greater Sum Ventures will continue its investment, Waud Capital is reinvesting as a minority investor, and IPS CEO George Ahn will lead the combined company as CEO to expand PracticeTek's retail healthcare software and payments platform.

  • September 22, 2022
    Buyer
    PracticeTek
    Target
    GrowthPlug
    Seller
    Elevate Capital
    Type
    Addon

    PracticeTek has acquired GrowthPlug, an AI-driven practice marketing and automation SaaS, adding the business to PracticeTek’s portfolio of healthcare software solutions. GrowthPlug will continue to be led by CEO Sudhir Bhatti and COO Shavita Bhatti; investor Elevate Capital exits its stake as part of the transaction.

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