October 4, 2022

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SOLMETEX, LLC ACQUIRES STERISIL, INC.

— Combined Corporation Poised to Remodel the Dental H2o Remedy Class, Generate Innovation, and Make improvements to Security —

NORTHBOROUGH, Mass. and PALMER LAKE, Colo., April 5, 2022 /PRNewswire/ — Solmetex, LLC, the dental industry’s leading provider of amalgam separators and other waste compliance merchandise, currently introduced that it has signed an arrangement to get Sterisil®, a primary innovator of dental unit h2o line an infection management merchandise. The merged business produces a significant, diversified company and the category leader in dental drinking water treatment method and basic safety administration for the U.S. and international markets. This involves a commitment to reinforce and grow partnerships constructed about a combined fifty yrs, driving a lot more helpful compliance with drinking water procedure demands for both individual dental techniques and Dental Services Organizations.

Sterisil provides 25 a long time of excellence and leadership in dental waterline infection management and, as part of the Solmetex platform, will grow and improve its capacity to develop and employ transformational technologies. The two firms will continue a happy custom targeted on clean up drinking water, protection, and waste recycling answers to increase the ecological impression of caring for individuals within just the dental class.

Gene Dorff, Solmetex Chief Government Officer, mentioned, “This is an extremely thrilling time for Solmetex and I am confident that adding Sterisil to our platform will ensure growth and enlargement options as we proceed to produce outstanding consumer company and large-high quality, responsible solutions. I glimpse forward to collaborating with the crew to build and execute our strategic eyesight for a thriving upcoming.”

Theresa Downs, Sterisil’s Vice President and Co-owner, additional, “We ended up meticulous in our look for for a lover that would assure Sterisil’s future chapter mixed the ‘best of’ our very pleased legacy with the resources, potential and system to enable us start our subsequent section of progress and diversification. Solmetex delivers on all accounts, and I am certain the two corporations will supply environmentally seem, successful, and risk-free products and solutions for the dental field.”

Solmetex is a portfolio corporation of Avista Cash Associates (“Avista”), which alongside one another with other shareholders, is giving equity cash, operational oversight, and strategic counsel to assistance be certain the success of the freshly put together corporation.

Financial terms of the transaction had been not disclosed.

ABOUT SOLMETEX, LLC
Solmetex delivers waste administration providers through a sequence of specialised procedures and programs that cost-effectively take out mercury from the squander stream and offers further dental squander alternatives. The firm’s NXT Hg5™ Series of Amalgam Separators and recycling application, which take care of dental wastewater, is highly regarded as the finest solution for regulatory compliance. Solmetex is broadly acknowledged as the one reliable resource for detailed environmental alternatives for the dental squander requirements. For further more details, pay a visit to www.solmetex.com

ABOUT STERISIL
Sterisil presents a full line of dental water line antimicrobial solutions with the initially-to-industry registered EPA quantified claim to preserve dental device waterline effluent a lot less than or equal to 10 CFU/ml HPC purity. Making use of its knowledge of silver based antimicrobial remedy, Sterisil helps dental procedures in achieving compliant amounts of odor producing microbes in dental device waterlines. Obtaining the only products evaluated by the American Dental Affiliation, the Institute for Biofilm Investigation at Montana State, and Loma Linda University, Sterisil solutions characterize the major edge of harmless and effective dental waterline remedy. Sterisil has demonstrated marketplace management in direction of achieving the optimum typical of environmental and social governance. For far more information and facts, check out www.sterisil.com.

ABOUT AVISTA Capital Partners
Started in 2005, Avista Funds is a leading New York-primarily based non-public equity firm with practically $8 billion invested in more than 40 progress-oriented healthcare companies globally. Avista associates with corporations that attribute potent administration teams, steady hard cash flows and robust development prospective clients – targeting solution and know-how companies with crystal clear scale potential throughout six sub-sectors experiencing potent tailwinds. The staff is supported by a group of seasoned Strategic Executives boosting the total investment decision system by way of strategic insight, operational oversight, and senior counsel, which assists push progress and performance, though fostering sustainable organizations and developing extensive-term price for all stakeholders. For far more information, pay a visit to www.avistacap.com.

Media Speak to:
Kristin Ansted
Solmetex, Director of Digital, Trade & Alliance
[email protected]
#508-466-3287

Daniel Yunger / Jon Morgan / Hallie Wolff
Kekst CNC
[email protected] / [email protected] / [email protected]

Cision

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Resource Solmetex, LLC