On August 12, 2020, Apteryx Imaging Inc. (TSXV: XRAY) was acquired by Planet DDS by way of a court-approved plan of arrangement. Planet DDS acquired all of the outstanding common and preferred shares of Apteryx for $0.65 per share in an all-cash transaction that valued Apteryx at approximately $39 million. Apteryx provides dentists and oral health specialists with advanced diagnostic imaging software and device technologies. Planet DDS is the largest independent provider of cloud-native practice management software to the dental industry.
Apteryx was represented by Farris with a team led by Partners David Selley and Denise Nawata and that included Partners Mark Chu (Tax) and Teresa Tomchak (Litigation) and Associate Mark Lively (Corporate).