Current

IPD Dental Group

Private Equity Manager (GP)

ProA Capital

Details

Region

Europe

Sector

Healthcare

Stage

Small buyout

Type

Manager-led secondary

Vintage

2024

Highlights

Commitment

£8.5m

Patient smiling into a handheld mirror at the dentist.

About the company

Founded in 2004, IPD Dental Group (or “IPD Dental”) is a Spanish-based producer and distributor of compatible prosthetic abutments for dental implants and related components.

IPD operates in over 30 countries, serving as a reference brand for dentists and laboratories across Europe and beyond. The company’s mission is to innovate and provide precise, advanced prosthetic solutions that meet the highest standards of dental implant restoration.

Investment rationale

  • ProA Capital has been invested in the company since 2019 and, being familiar with the asset, it saw an opportunity to continue supporting the company’s growth trajectory.
  • IPD Dental is a market leader in the European markets, particularly Spain, for compatible prosthetic abutments. Its strong market position and brand recognition made it an attractive investment opportunity.
  • ProA Capital identified significant growth potential in IPD Dental’s business model. The private equity manager saw opportunities to expand the company’s product offerings, enhance its technological capabilities and enter new markets.
  • IPD Dental’s commitment to innovation and high-quality products aligned with ProA Capital’s investment strategy. The company’s focus on providing advanced, easy-to-use prosthetic solutions was seen as a key driver of future growth.

Our relationship

Pantheon has an established relationship with ProA Capital and is currently invested alongside the private equity manager in a manager-led secondary opportunity.

Active management and value creation

  • The company is expected to continue experiencing strong financial performance by growing its digital offering and expanding its product portfolio to include a wider range of dental abutments and related components. This expansion will allow the company to better meet the needs of its customers and increase its market share.
  • Investments in technology will further enhance IPD Dental’s manufacturing processes and product quality. The company will continue to integrate advanced digital solutions to improve workflow efficiency and product precision. This is expected to increase production fivefold.
  • IPD Dental will continue with its successful buy-and-build track record. It will further expand its presence in international markets, via organic growth and acquisitions. Recently, it has made acquisitions in Germany, Italy and Spain. This has increased its customer base and geographic reach, with operations in over 50 countries. The company’s strong reputation and high-quality products will facilitate its entry into new markets.
  • ProA Capital will continue to work closely with IPD Dental’s management team to implement operational improvements. These efforts have resulted in increased efficiency, reduced costs and improved overall performance.