swiss smile, a Swiss dental chain, received a CHF44m from private equity EQT.
Stanley Brodén, EQT Industrial Advisor, will join swiss smile’s Board of Directors as vice Chairman.
The company intends to use the proceeds from EQT to further develop the existing business and expand in Switzerland, mainly through acquiring additional clinics.
Founded in 2002 by sisters Dr Haleh Abivardi and Dr Golnar Abivardi, swiss smile operates several clinics in Switzerland and has franchises or joint ventures in UK, Russia and India.
The company has a 28% market share among dental chains in Switzerland and also has its own cosmetics products range in a joint venture.
FinSMEs
15/08/2013