Milan, 27th November 2014 – ARGOS WITYU announces the acquisition of a controlling stake of ODONTO GROUP, an innovative and flexible dental service provider operating in public hospitals, mainly in Northern Italy.
The deal, full equity, was particularly complex, being a conglomerate group, with a state of the art in-house laboratory, as well as more than 10 satellite companies, both in Italy and Switzerland.
Founded more than ten years ago, Odonto has been a success story since its foundation. Today, Odonto offers a complete range of dental services, from hygiene to implantology, with hospital class standards and the capability to handle in a safety manner, with critical co-morbidity patients.
Mirco Dilda, Partner, ARGOS WITYU, said: « ODONTO is a very dynamic company, close to customers’ needs and with a very innovative business model. The management has built a profitable and responsive solution for National Health System which intends to externalize services, which is also able to provide high quality/fairly priced alternatives for patients. Our goal in this transaction, by leveraging on existing skilled and passionate management team, is to help the company in entering new geographies, developing faster the foreign markets and entering new sectors with the same approach».
About Argos Wityu:
Created in 1989, Argos Wityu is an independent European Private Equity firm with offices in Milan, Paris, Geneva and Brussels, wholly owned and operated by its partners. Argos Wityu focuses on management buy-outs and buy-ins in small and medium sized companies across Europe, but primarily in Italy, France, Switzerland and Belgium. The group of funds managed by the firm typically take majority stakes ranging from €10m to €60m in companies with revenues of €20m to €400m. Argos Wityu prefers to invest in companies with the capacity to become a leader in a business niche. The operations Argos Wityu has carried out include Alkan, Dinno Santè, Orsyp, FHB, Natural Distribution, Cisbio, Melica Group and Valco Group in France, Bellco, BIP, Termoindustriale, Via Delle Perle, Fis Antex and Sapore di Mare in Italy, and BMF, Swibox and Axyntis in Switzerland.
With €675m under management, the firm has developed a track record of unusual, complex and off-market transactions where the firm’s combination of local presence and international experience is able to add value to the small and medium-sized businesses it invests in. For further information, we invite you to visit www.argos-soditic.com
Argos Wityu : Mirco Dilda (partner), Pierluigi Rotundo (Associate)
- Buyer – Due Diligence financial: E&Y
- Tax & Structuring: Studio Chiaravalli Reali e Associati
- Legal: Studio D’Urso Gatti Bianchi
- Management & Head hunter: Beyond International
- Legal & Negotiation: Studio D’Urso Gatti Bianchi
- Management – Legal: Studio Pedersoli e Associati
- Seller – M&A: LTP