Bridgepoint Development Capital (BDC) has acquired French dental equipment maker Acteon, Private Healthcare Investorreports.
The acquisition will be BDC’s second in France from its 2013 €350 million Bridgepoint Development Capital II vehicle, following the purchase of surveillance equipment firm Anaveo in January 2016.
According to an industry source, BDC II is now around 70 percent invested, although Bridgepoint declined to comment.
Acteon designs, makes and distributes dental equipment. Based in Mérignac, France, it has 750 staff operating in four European manufacturing facilities and a portfolio of over 400 dental equipment products.
These include ultrasonics, polishers, intra-oral camera and X-ray systems, surgical equipment, and anaesthetic and hygiene products. BDC partner in France Olivier Nemsguern said: “This is an opportunity to acquire a true market leader in a fragmented dental products sector at a time when spending on dental care worldwide is on the increase.
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