Polaris has invested in the Swedish dentistry chain Distriktstandvården, recognizing its strong growth and the potential for further expansion in the dental market.
Information on the Target
Polaris has successfully invested in Distriktstandvården, a prominent dentistry chain in Sweden, founded in 2010. Under the leadership of co-founders Ibbe Gnem (CEO) and Jan Lindqvist (Deputy CEO), the company has experienced remarkable growth with annual sales increasing by 19%. This growth can be attributed to a robust organic expansion of existing clinics, strategic new clinic openings, and successful mergers and acquisitions.
Industry Overview in Sweden
The dental industry in Sweden has demonstrated resilience and growth, characterized by a high standard of healthcare and a well-established network of dental services. The Swedish healthcare system offers a strong framework that supports accessible dental care for the population, encouraging regular check-ups and preventative care among citizens.
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Furthermore, the demand for dental services has been bolstered by a growing awareness of oral health and advances in dental technology, which have contribute
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Polaris
invested in
Distriktstandvården
in 2023
in a Growth Equity & Expansion Capital deal