Spain: Advent International takes majority sake in Vitaldent

Gonzalo Santos, director of Advent in Spain

Global private equity firm Advent International has acquired a majority stake in Spanish dental clinic group Vitaldent from Spanish private equity firm JB Capital Markets. Financial terms have not been disclosed. JB Capital Markets and Intermediate Capital Group originally took a 70% and 25% stake in the group for €60m (US$68m) in 2016 and assumed…

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