• Orametrix was a Dallas-based, digital orthodontic company providing robotically bent and highly-accurate wire arches for braces
  • In late 2016 the company approached SWK in need of funding to expand into the clear aligner market
  • Upon completion of this project, management and owners anticipated a larger dental strategic would be interested in acquiring the company.  However, the equity syndicate and existing valuation made a sufficient equity raise at an attractive valuation problematic
  • SWK structured an $8.5 million senior secured term loan that provided capital to fund the new business line
  • The structure included a provision that capped SWK’s overall return in the case of an acquisition in years 1 or 2
  • During 2017 and early 2018 the company generated strong financial results and progressed the clear aligner product
  • In May 2018 Orametrix was acquired by Dentsply Sirona

“SWK was a perfect partner at the perfect time. While bridging from a prior lender to an eventual sale of the company, SWK proved to be a fantastic partner and provided a solution tailored to our needs. I am not sure we could have orchestrated this transition effectively without SWK.”

– Jay Widdig, CFO — Orametrix