The Riverside Company has acquired Georgia-based DoseLogix, a provider of metered dosing dispensers and applicators to compound pharmacies, as an add-on for its Team Technologies platform. No financial terms were disclosed. Jones Day and KPMG served as legal counsel and accounting adviser, respectively, on the transaction while Antares and Ares provided the incremental financing.
The Riverside Company has added DoseLogix to its Team Technologies platform. DoseLogix designs and markets metered dosing dispensers and applicators to compound pharmacies for use with topical medications. Team Technologies manufacturers a variety of consumable dental, cosmetic and medical products.
DoseLogix sells its patented dispensers under the Topi-Click brand. Its innovative design is superior to competitors’ because it eliminates transference issues associated with hand application and ensures extremely accurate dosing of medications for hormone replacement therapy and other conditions in both the human and veterinary medical markets.
“DoseLogix provides a unique solution to dosing challenges faced by compound pharmacies and end users,” said Riverside Managing Partner Suzy Kriscunas. “It continues to grow market share and has strong potential to expand into new treatment areas and build on its entry in veterinary medicine.”
Topi-Click delivers more accurate and consistent dosing, and is much easier for patients to use than competing products. It has been featured on national television and cited in peer-reviewed studies, enhancing its strong brand.
“DoseLogix has plenty of room to continue expanding its market share in hormone replacement therapy while delivering similar great results for a wide array of other topical medications,” said Riverside Partner Ryan Richards. “Team Technologies is excited about the opportunity to partner with DoseLogix, and will focus on supporting growth, new product development, and maximizing cross-selling opportunities.”
Working with Kriscunas and Richards on the deal for Riverside were Vice President Jason Fulton, Associate Harrison Petts and Operating Partner George Benson. Origination Principal Jim Butterfield sourced the deal for Riverside, and Partner Anne Hayes helped secure the incremental financing.
Jones Day and KPMG supported the transaction as the legal counsel and accounting advisor, respectively. Antares and Ares provided incremental financing for the acquisition.
About The Riverside Company
The Riverside Company is a global private equity firm focused on making control and non-control investments in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 520 transactions. The firm’s international portfolio includes more than 75 companies.
About Team Technologies
Technologies, Inc. boasts an extensive lineup of manufacturing processes and products to service the dental, medical, cosmetic, and industrial market segments. With an entrepreneurial mindset and a management team with deep industry experience, Team Technologies has experienced tremendous growth over the last 20 years. Modeling the company after its customers’ needs, Team Tech emphasizes growth based on its customer growth and seeks to “over-service the customer.” Team Technologies, Inc is based in Morristown, Tennessee.
DoseLogix, based in Woodstock (Atlanta), GA., manufactures a variety of topical dosing applicators to support its flagship brand, Topi-CLICK, including the Topi-CLICK® 35, the larger volume Topi-CLICK® 140, the revolutionary Perl™ Vaginal Dosing Kit and the NEW micro-dosing Topi-CLICK® Micro™. DoseLogix is unrelenting in pursuing new technologies and innovation. Patients, doctors and compounding pharmacists have shown their appreciation with enthusiastic, word-of-mouth endorsements. For further information on our products, please visit www.DoseLogix.com, call 877.870.8448 or email info@DoseLogix.com.