mynth
05/2017

BC PARTNERS takes majority stake in DENTALPRO

ITALY Health Providers / Outpatient Care / Dental Centers EV 300M - 700M EUR

Context

BC Partners took control of DentalPro, the Italian dental clinic chain, acquiring it from Summit Partners, VAM Investments and other private investors in a deal announced on 22 May 2017 that valued the company at an enterprise value of . Summit Partners had held 58% since April 2015, with VAM Investments, private investors and the founders holding the remaining 42%. Founder Michel Cohen continued as chief executive and kept a stake alongside the management team, and the transaction remained subject to regulatory approvals. At the time of the deal, DentalPro ran 112 full-service clinics across 40 Italian provinces, treating 250,000 patients, and generated revenue of and an EBITDA of , an EBITDA margin of . PwC advised BC Partners, with Chiomenti and Dickson Minto as legal counsel and Facchini, Rossi & Soci on tax. White & Case advised Summit Partners and DentalPro, BonelliErede the management team, and Pavia & Ansaldo advised VAM Investments.

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Target

Founded in 2010 in Milan, DentalPro runs a network of dental clinics in Italy, where patients come for general dentistry such as check-ups, fillings and cleanings as well as for orthodontics, implants and prosthetics. Many of its practices are located in shopping centres, which keeps them open on long hours and easy to reach. The company recruits local dentists and runs the clinics for them, handling appointments, equipment, supplies and administration and providing training, so that practitioners can focus on treating patients.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2017
2016

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of DENTALPRO by BC PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: dentalpro

Acquirer: bc partners