• MEDIUM
  • Business
  • Tier 1
  • Hard News

vVardis targets $4.4 billion valuation in US IPO

Source
Becker's Dental + DSO Review
Author
Ariana Portalatin

Summary and scoring by The Bell Brief (Dr. Jennifer Bell) using the Drill-Down Protocol. Not the original publisher.

Why it matters for dental

vVardis's planned IPO and growth in U.S. sales of its noninvasive decay-repair product could expand treatment options and supplier competition for dental practices adopting non-drill protocols.

Key points

  1. 01

    vVardis filed to raise up to $228.6 million through a U.S. IPO targeting a valuation of up to $4.37 billion.

  2. 02

    Curodont Repair Fluoride Plus generated 112% sales growth in the nine months ended.

  3. 03

    As of June 30, the product had been sold to more than 20,000 U.S. dental practices.

  4. 04

    Apollo Global Management funds made a strategic minority investment in vVardis in April.

Who should care

  • Owner
  • DSO

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Becker's Dental + DSO Review

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