The Portugal-based dental surgery group gains a foothold in the UK by acquiring two dental clinics in London
Growthink Capital is pleased to announce it acted as Swiss Dental Services (SDS)’ investment banking advisor on an acquisition financing – via SME Capital, a London-based alternative capital provider – to expand in the UK market.
After assisting the company in developing a cohesive international growth plan, Growthink Capital then introduced and managed a targeted and select list of prospective investment partners. Particularly challenging was navigating the underwriting process for a company that holds most of its assets and operations outside of the UK.
The acquisition financing was structured as a bespoke five-year loan including a capital repayment holiday and bullet repayment structure to help with the initial integration and maximize cash headroom given current macroeconomic uncertainty.
“On behalf of SDS I would like to thank you and Growthink Capital for the time and effort it took for us to complete this deal,” said Jesse Lerias, Swiss Dental Services’ Founder and CEO, “It was a pleasure working with you. We look forward to your continued support as we continue to grow.”
ABOUT SWISS DENTAL SERVICES
SDS provides specialist dentist services concentrating on advanced total oral rehabilitation, with dental implants the most common solution. The Company is headquartered in Porto, Portugal and operates from 11 clinics across Portugal, Spain and France. The company entered the UK market in 2017 and had been operating from two rented chairs since 2018 in London based clinics. Subsequently SDS acquired ‘Lister House’ in Wimpole Street, London in July 2021 (a 3-chair private practice, thus increasing the number of chairs to 5). With the current transaction Swiss Dental Services acquired two companies owning the lease & fittings of a 5 -chair practice 31 Harley St, London. For more information, visit http://www.swissdentalservices.com
ABOUT SME CAPITAL
SME Capital was founded to support the growing number of SMEs who face difficulty or frustration in accessing capital through traditional methods. SME understands the importance of real and trusted relationships in the SME lending market and has dedicated Regional Directors based across the UK. By combining traditional lending expertise with the latest in data analytics, SME supports established UK SMEs with their long-term objectives and business ambitions. For more information, visit http://www.smecapital.com
ABOUT GROWTHINK CAPITAL
Growthink Capital specializes in raising equity and debt capital, and in executing acquisition, divestiture, and merger transactions for emerging and middle market companies.
The company’s team members have collectively worked on hundreds of transactions with an aggregate deal size of over $10 billion. Industries in which Growthink Capital has completed transactions include computer hardware and software, consumer products, eMobiilty, FinTech, gaming, healthcare, logistics, manufacturing, retail, and semiconductors. For more information, visit http://www.growthinkcapital.com
Growthink Capital clears securities transactions through GT Securities, Member FINRA, SIPC.