European Acquisition Capital (EAC) has invested £35m (€60m) in ADP Dental Company, the sixth largest chain of dentists in the UK, to finance the company's acquisition plans.
The ADP Dental Company comprises 23 practices, all in the southeast of England, with more than 100,000 patients. The company plans to develop its business by acquiring groups of practices within a specific geographical area. In EAC's eyes, this plan makes it a typical investment target.