Black Sea buys dental clinic operator DigiRay

The GP is investing from its maiden fund, Black Sea Fund I, which held a first close in 2018 on €43m. 

The Bucharest-based PE firm focuses on high-growth SMEs in Romania and typically spends €4-8m on any takeover deal, according to its website.

Company 
Founded in 2008 and based in Zalau, DigiRay is an operator of dental clinics across Romania, specialising in radiology and digital dental techniques. The company has 11 clinics in six Romanian cities.

It has fewer than 50 employees and in 2019, had a turnover of €1.7m. 

People 
DigiRay – Cristian Pop (CEO). 

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• Topics
• Buyouts
• CEE
• Healthcare
• Romania
• Small-cap buyout