Silverfleet sees return on investment

Private equity firm Silverfleet Capital has exited its investment with European Dental Partners in a €170 million deal with Lifco Dental International AB.

Lifco Dental International AB is the dental products division of Swedish industrial group Lifco AB.

Silverfleet acquired Muller & Weygandt Dental in October 2004 for €110 million, when the private equity company was named PPM Capital, and formed European Dental Partners through a number of buy and build acquisitions.

The private equity business completed six acquisitions in seven years including Dentamed, Stomatol and IntraDent Zahntechnik.

Guido May, partner at Silverfleet Capital, comments: ‘Our buy and build strategy has both created value and built a business with significant scale which, as a result, attracted a strategic trade purchaser looking to increase its market share on an international basis.’

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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