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Private Equity | Healthcare

Eterus Capital has partnered with Dr. Martin to expand its dental clinic network

May 2024 — Dr. Martin Dental Clinic, a leading network of dental clinics in Slovakia, has received a significant investment from Eterus Capital and Ethernum Capital to support its expansion across the country. The group aims to become Slovakia’s largest dental care provider through a "buy-and-build" strategy, combining new clinic openings with acquisitions.

Eterus Capital is a private equity fund founded in 2008, specializing in supporting small and medium-sized enterprises with proven business models and growth potential. The fund focuses on minority investments, ensuring management control remains with the original shareholders. Over the years, Eterus Capital has provided more than US$41 million (€40 million) in funding to over 20 companies. Its portfolio includes prominent brands such as Sygic, HOPIN, eyerim, Saneca Pharmaceuticals, Groupsolver and MTBIKER.

Dr. Martin is a leading private dental care group in Slovakia, with over a decade of experience offering comprehensive services such as implantology, prosthetics and other restorative and aesthetic dental treatments. The group currently operates four modern dental clinics and a pediatric clinic under the Dr. Martinko brand, employing approximately 130 professionals.

Our role in the transaction

Oaklins’ team in Slovakia advised Eterus Capital on this transaction.

Parties

Talk to the deal team

Boris Kostik

Partner
Bratislava, Slovakia
Oaklins WOOD & Co.

Emma Jávorka

Senior Associate
Bratislava, Slovakia
Oaklins WOOD & Co.

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