Dentelia, headquartered in Paris, France, was founded by Dr Alexandre Attia and backed by Otium Capital, a family office managing the assets of French entrepreneur and investor Pierre-Edouard Stérin. Over the last two and a half years, Dentelia has successfully set up and managed 14 clinics based on a standardised clinic development model enabling a rapid expansion. Dentelia maintains a significant greenfield and M&A pipeline for future growth in a yet unconsolidated market.
"We are very pleased to welcome Dentelia to the Colosseum Dental Group family. Dentelia, as a leading dental care provider in France, is the perfect partner for CDG to enter a significant market in Europe. Its focus on quality care and patient-centric service models supports our strategy excellently. Dentelia will become a valued member of CDG, and we look very much forward to Dentelia contributing to our international collaboration within the Group", said Stefan Nilsson, CEO of Colosseum Dental Group.
“We are very proud to become part of Colosseum Dental Group. The tremendous opportunities of the French market, combined with the rapid evolution of our profession, require a strong partner with vision and expertise. Its international perspective, its long-term strategic commitment and its dentist-oriented approach make CDG the partner of choice for Dentelia. The partnership will support Dentelia’s smart growth while keeping an innovative and quality-oriented approach to ensure sustainable value for our patients, team members and shareholders”, said Alexandre Attia, CEO and founder of Dentelia.
The transaction was completed on 20 January 2021. No financial details have been disclosed.
Colosseum Dental Group
Minna Lönnqvist, Head of Corporate Communications and Branding, Tel. +358 50 361 7316, contact email: firstname.lastname@example.org
About Colosseum Dental Group
Colosseum Dental Group, headquartered in Zurich, Switzerland, is the leading pan-European provider of high-quality dental services. The Group operates more than 300 dental practices in now nine countries (Denmark, Finland, France, Germany, Italy, Norway, Sweden, Switzerland, the United Kingdom). These clinics generate revenues above EUR 650 million, and the Group employs more than 4500 dental care professionals. Colosseum Dental Group's majority shareholder is Jacobs Holding, a global professional investment firm based in Zürich, Switzerland. Jacobs Holding has a long-term commitment to dentistry through its investment in Colosseum Dental Group in Europe and North American Dental Group in the US. The sole economic beneficiary of Jacobs Holding is the charitable Jacobs Foundation, which supports youth and child development on a global scale.
Dentelia, based in Paris, France, was founded by Dr Alexandre Attia in 2017 to provide high-quality dentistry, with a focus on "value for money". Today, Dentelia consists of a network of 14 modern practices across Paris and Bordeaux region and starting from March 2021 in Marseille and Toulouse, offering a wide range of dental care services. The company employs 220 dental care professionals. Dentelia focuses on the patient journey to guarantee the best conditions and personalised advice throughout the administration and treatment process.
About Otium Capital
Otium Capital is a family office, managing the assets of founder Pierre-Edouard Stérin, a French entrepreneur (founder of SmartBox Group in particular), and investor. The family office currently supports c. 35 companies, including SmartBox Group and invests primarily in entrepreneurial projects and growth capital opportunities. Through its Fonds de dotation, Pierre-Edouard Stérin aims to allocate all his proceeds to charities and associations involved in helping the weakest, promoting education and supporting the indigent. This give-back notion has been Pierre-Edouard’s strongest driver for several years now.