ICG will invest across the capital structure and work alongside Godt Smil’s management team to support the firm’s growth initiatives. Financial terms of the transaction have not been disclosed.
Godt Smil is one of Denmark’s leading dental chains with over 600 dentists, dental hygienists, clinic assistants and anesthetists. The chain is divided into 30 state-of-the-art clinics in the country’s larger and smaller cities. Godt Smil was founded in 2008 and today, the Godt Smil clinics treat over 2,000 patients every single day.
Anders Bjergegaard, CEO and founder of Godt Smil says:
As we step into the next phase of our growth, we believe that ICG is the best partner to help support our organic expansion plans, both domestically and internationally. We are passionate about offering high quality dental services for fair prices, and we will continue to offer our customers the very best service. We are very excited for what the future holds.
Robin Molvin, Managing Director of ICG in the Nordics, says:
We have followed Godt Smil for several years and have been very impressed with the high level of client service on offer and the strong growth trajectory. We are delighted to announce today’s partnership and look forward to working with Anders and the team.
-Ends-
For further details please contact:
ICG
Clare Glynn
Tel: +44 (0)20 3545 2000
Email: [email protected]
About ICG
Intermediate Capital Group is a global alternative asset manager in private debt, credit and equity listed on the London Stock Exchange (LSE: ICP).
ICG provides capital to help companies grow. We are a global alternative asset manager with over 30 years of history and manages USD 56 billion. We invest in debt, credits and equities, principally in closed-end funds.
We develop long-term relationships with our business partners to deliver value to shareholders, customers and employees and use our investments for the benefit of the environment and society. We operate across four strategic asset classes: corporate, capital market, real assets and secondary investments.
ICG has a long history of investing in Nordic companies, current investments include the market-leading food service provider in Scandinavia, Euro Cater, headquartered in Denmark; Norwegian-based Visma, which provides software and digitization solutions, as well as Formuesforvaltning, which is a leading independent wealth management group headquartered in Oslo, Norway.
ICG is listed on the London Stock Exchange (ticker symbol: ICP). Further details are available at: www.icgam.com. You can follow ICG on LinkedIn.
About Godt Smil
Godt Smil opened for customers in 2008. Godt Smil dentists’ vision is to offer dental treatment of a high quality at a fair price.
Godt Smil has 30 state-of-the-art clinics in Denmark with over 600 dentists, dental hygienists, clinic assistants and anesthetists. All clinics are equipped with the latest equipment on the market, and only the best materials are used in the treatments. Further training of staff, quality control and careful selection of dentists help to ensure a uniformly high quality at all clinics.
More information at: www.godtsmil.dk
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