Miura backs dental specialist Proclinic

The deal values the company at around €100m, according to press reports.

Miura will partner with the founding Raneda de la Hoz family, who will retain a minority stake in the company.

The GP plans to further boost the company's growth in Spain, bolster its international expansion (primarily in Italy and France), and build a dental platform across southern Europe.

Miura is investing via its third fund, which closed on its €330m hard-cap in January 2018. The fund invests in companies based in Iberia with sales of more than €25m and EBITDA of more than €3m. 

Company
Founded in 1983, Proclinic produces and distributes laboratory consumables, equipment, implants and orthodontics for dental clinics.

The company also offers dental training programmes through partnerships with academies and universities across Spain.

Proclinic is headquartered in Zaragoza, with further offices in Barcelona and Madrid. Employing 300 staff, it generated revenues of €140m in 2020, of which 25% came from the international market. It generates EBITDA of around €14m, according to press  reports.

People
Miura Private Equity – Luis Seguí (founding partner, CEO); Carlos Julià (partner).
Proclinic – Julián Raneda De la Hoz (partner). 

Advisers
Equity – PwC (financial due diligence); KPMG (financial due diligence); Baker McKenzie (legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Southern Europe
• Healthcare
• Miura Private Equity
• Spain
• KPMG
• PwC