Kambourov & Partners advised on the Bulgarian aspects of the acquisition of Dentatechnica - the largest distributor of materials and equipment for the Bulgarian dental care market. Dentatechnica was acquired by one of the leading private equity funds in Central Europe – Abris Capital Partners through its Romanian portfolio company Dentotal Protect - a leading dental care distributor in Romania. Following the acquisition, Abris aims to continue building Dentotal into a regional leader through organic growth and further consolidation of local markets in Romania and Bulgaria, and will support the transformation of the business into a sustainable and scalable platform.
Our team, led by corporate partner Veronika Hadjieva and including senior associate Todor Vlaykov, advised on all Bulgarian aspects of the transaction. The team worked together with DLA Piper’s Bucharest office – Abris’ lead counsel on this deal.
ABOUT
Abris Capital Partners
Abris Capital Partners is a leading independent private equity fund manager, focused on mid-market opportunities in the major countries of Central Europe. Established in 2007, Abris seeks to identify, and partner with, the most successful and dynamic mid-market businesses in Central Europe, which can benefit from an input of capital and/or management expertise at both strategic and operational levels. With investment capital of almost €1.3 billion, Abris has obtained financial backing from many leading global investment institutions. Abris has a long-term investment horizon and usually targets transactions in which it is able to acquire a majority or sole ownership position. The typical financial commitment by Abris to any single transaction can range from €30 million to €75 million, with larger commitments available if required. The Abris advisory business operates using teams based in Warsaw and Bucharest.
Dentotal
Dentotal is a leading dental care distributor in Romania, with more than 12,000 clients – dental care clinics and laboratories in the whole country. The company was founded in 1994 and it grew with the first wave of Romanian economy, counting today more than 150 employees. In 2005, Dentotal built its own headquarters in the central area of Bucharest. In 2019, the company reached a new milestone, as it was acquired by the private equity fund Abris Capital Partners. The strategy of Abris Capital for the development of Dentotal considers the acceleration of the company’s growth to transform it into a one-stop-shop for dental clinics and laboratories.
Dentatechnica
Dentatechnica is the largest dental distributor in Bulgaria with a complete portfolio of dental equipment and consumables and nationwide coverage. The company was founded in 1991 and has since had the leading role in shaping the modern dental industry in Bulgaria by introducing novel technologies to the local market, educating dentists, consulting, and supplying up-to-date equipment to many of the best dental clinics in the country.