Mazars M&A team are delighted to have acted as corporate finance adviser to Salud, Two-Ten Health on their merger with Titanium Solutions, which will form a new global oral health software company.
Salud was founded in the 1990s when Carl Moynihan, CEO and Founder, worked on the development of an electronic data-recording system as part of Dublin Dental University Hospital’s modernization scheme. The success of this led to the identification of a need for a product that had an emphasis on business management, patient care and research and reporting capabilities to meet the unique requirements of Dental Hospitals.
Over the last 25 years, Salud has evolved into a connected health solution that connects technology, disciplines, people and facilitates a global community for research and sharing best practices.
Today, they have installations dotted across five continents, supporting clients in multiple languages as Salud helps to manage millions of patient appointments each year. Salud is constantly evolving to meet and exceed the ever-changing industry needs.
Both Two-Ten Health and Titanium Solutions are committed to investing in the research and development of new products by working closely with customers to provide the best solutions. This merger represents an exciting development in oral health software. Two-Ten Health and Titanium are committed to research and development and work closely with customers to provide the best solutions.
“This is an exciting opportunity for Two-Ten Health. We began with a mission to provide much-needed solutions, but what we have achieved, as an Irish SME, is far beyond our initial ambitions. I’ve had an incredibly talented Board and the team around me throughout this journey, and every success that the team achieves in this new opportunity is well deserved. We would like to thank Mazars Corporate Finance for all their guidance and support in executing the transaction”. - Carl Moynihan, Two-Ten Health Founder
“Our merger with Two-Ten Health will strengthen our scale and global expansion momentum. We believe that combining Two-Ten Health and Titanium Solutions brings together the world’s two most experienced teams in providing enterprise oral health solutions and creates the world’s largest specialised enterprise oral health software company. Our combined resources will allow us to better achieve our vision of software that supports innovation in oral health service delivery and education.” - Paul Weatherly, Managing Director Titanium Solutions.
John Bowe, Mazars Partner, Deals – M&A, said that “this merger is a great deal for Two-Ten Health and Titanium Solutions, both leading health software companies. Two-Ten Health and Titanium Solutions are market leaders committed to R&D and providing the best solutions for their customers. This merger will strengthen their position globally in the market. Mazars were delighted to provide advisory services to Carl and the wider team on this transaction".
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