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