Planet DDS, a provider of cloud-based software solutions for dental practices in North America, entered into a definitive agreement to be recapitalized by Aquiline Capital Partners. Aquiline is a private investment firm based in New York and London with $8.7 billion AUM, investing in companies across the financial services and technology, healthcare, and business services industries.
In conjunction with Aquiline’s investment, Level Equity Management, a New York-based private investment firm specializing in capital-efficient, rapid-growth companies, will roll a portion of its existing equity in Planet DDS and invest additional capital.
Planet DDS serves over 10,000 practices in North America with over 60,000 users, according to the news release. Read more.
