Tar Heel buys 70% stake in Estetique
Tar Heel Capital has acquired a 70% stake in Polish dental business Estetique.
Tar Heel is looking to create a nationwide dental group and intends to sell it in five to seven years to an industry investor, said the firm's managing partner, Andrzej Rozycki, to Puls Biznesu.
The above acquisition is part of Tar Heel's plans to consolidate the fragmented dental market. Although the coronavirus pandemic has slowed down the acquisition process, the GP plans further add-ons in the dental sector, according to the report.
Company
Based in Polanica-Zdroj, Estetique has three dental practices and operates in the high-margin part of the dental market, focusing on aesthetic dentistry.
People
Tar Heel Capital – Andrzej Rozycki (managing partner).
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