Metric Capital Invests in Dental Company Expansion

Metric Capital Partners has taken the lead in a significant investment consortium acquiring a majority stake in Dental Company, a prominent Spanish dental clinic group. This strategic move, executed through Metric's Fund V, marks the firm's eighth investment in Spain and its third within the healthcare sector for this fund, underscoring its commitment to the Iberian market where it has deployed over €400 million.

The transaction sees existing shareholders Otium and Headway Capital Partners, via Alter Cap II SCR, exit their positions. Joining Metric Capital in this new chapter for Dental Company are returning investor Alter Capital and the company's CEO, Francisco Ruiz. This collaboration aims to propel Dental Company into its next growth phase, targeting an expansion to 200 clinics by 2028 through a combination of new openings and strategic acquisitions.

Founded in 2009 and headquartered in Seville, Dental Company has established a robust network of 130 clinics across Spain. The group offers a comprehensive suite of dental services, including implantology, orthodontics, and general dentistry. Its rapid national expansion over the past three years, integrating more than 50 clinics via acquisitions and new site developments, has solidified its strong market presence in the Spanish dental industry, a sector experiencing consistent demand driven by an aging population and increasing awareness of oral health.

John Sinik, Managing Partner at Metric Capital, highlighted the firm's strategic alignment with healthcare services, stating, "Our investment in Dental Company aligns with Metric's strategy to strategically expand its presence in the healthcare services sector, backing high-quality platforms that are well-positioned for sustained growth and long-term success." He further emphasized Metric's disciplined approach to structuring investments for secure, contractually backed returns with significant upside potential.

Miguel Lasso de la Vega, Country Head for Spain and Portugal at Metric Capital, expressed enthusiasm for the partnership: "We are delighted to partner with Alter Capital and Francisco Ruiz, who has led an impressive trajectory for the company." He added, "Our investment in Dental Company reflects our full confidence in the management team, the platform's growth potential, and the favorable sector dynamics." This sentiment is echoed by Ángel González Bravo, Managing Partner at Alter Capital, who noted their satisfaction in investing for the third consecutive time, demonstrating unwavering trust in Dental Company's strategic vision and execution capabilities.

The acquisition is expected to leverage Dental Company's existing strengths in human talent, technology, and clinical capacity. CEO Francisco Ruiz commented, "With the backing of our new shareholders, we are embarking on a new and exciting phase for Dental Company. We are ideally positioned to drive our growth strategy while reinforcing the company's long-term financial stability." This partnership signifies a shared commitment to innovation and value creation within the competitive Spanish dental market.