Confident Sells Minority Stake to KYIP Capital
Deal News | Feb 04, 2025 | Finance Community IT - 3 Private Equity
Confident, a network of dental clinics focused on high-quality, accessible dental care, has sold a minority stake to KYIP Capital. This marks KYIP Capital's first investment through its KYIP Impact Mission fund, which aims to support Italian companies that achieve solid financial results and generate positive societal impacts in strategic sectors like health and wellness. Confident was advised by Ethica Group and Laward Avvocati Associati for financial and legal aspects, respectively, while KYIP Capital was assisted by Alpeggiani Avvocati Associati, OC&C, Epyon Consulting, and PwC for various due diligence and advisory roles. Confident plans to expand its clinic network from 11 to over 30 in four years, focusing on underserved communities. KYIP Capital aims to position itself as a leader in sustainable finance with an impact-oriented strategy.
Sectors
- Healthcare
- Private Equity
Geography
- Italy – Both Confident and KYIP Capital are based in Italy, with the investment supporting Italian dental services expansion.
Industry
- Healthcare – Confident operates in the healthcare industry, specifically in the dental sector, providing preventive and quality dental care.
- Private Equity – KYIP Capital is a private equity firm focusing on impact investing, exemplified by their stake acquisition in Confident.
Financials
- 10 million euros – Annual revenue of Confident.
- 16% – EBITDA margin of Confident.
- 60 million euros – Target fund size for KYIP Impact Mission by 2025.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Confident | Target company | Company | A network of dental clinics providing accessible and high-quality dental care. |
| KYIP Capital | Investor | Company | A private equity firm investing with an impact orientation through its KYIP Impact Mission fund. |
| Ethica Group | M&A Advisory | Company | Assisted Confident in the financial aspects of the transaction. |
| Laward Avvocati Associati | Legal Advisor for Confident | Company | Provided legal advice to Confident during the transaction. |
| Alpeggiani Avvocati Associati | Legal Advisor for KYIP Capital | Company | Provided legal consultation to KYIP Capital. |
| OC&C | Commercial Advisor | Company | Conducted commercial due diligence for KYIP Capital. |
| Epyon Consulting | Financial and Fiscal Advisor | Company | Conducted financial and fiscal due diligence for KYIP Capital. |
| PwC | ESG and Impact Advisor | Company | Advised KYIP Capital on ESG and impact aspects of the deal. |