06.11.2019

Luther advises Avedon on acquisitions as part of a buy & build strategy for dental laboratories

Avedon Capital Partners ("Avedon") has acquired several German dental laboratories and established the DELABO.Group as a result of this merger. Luther advised Avedon on the structuring of the group and the acquisition of the target companies.

Background

Avedon is an independent private equity firm specialised in the financing of high-growth, medium-sized companies based in Germany and the Benelux countries. Avedon acquired Maxident GmbH, Crossmill GmbH, Hamm Dental GmbH and B u. T Dentaltechnik GmbH and bundled them in the newly founded DELABO.Group. In the course of the transaction, the sellers acquired back shares in the DELABO.Group. By founding the DELABO.Group, the consolidation in the fragmented German dental laboratory market is to be promoted within the framework of a "buy & build strategy". With 115 employees, the DELABO.Group has been one of the largest associations of dental laboratories in Germany right from the start.

Für Avedon Capital Partners:

Luther, Corporate / M&A: Dr Gregor Wecker (Partner, lead), Philipp Dietz (Partner), Fabian Mimberg (Senior Associate), Falco Rohrberg (Associate)

Luther, Employment: Stefanie Prehm (Partner), Dr Martin Kolmhuber (Counsel), Dr Sarah Zimmermann (Senior Associate)

Luther, IP/IT: Christian Kuß (Partner), Daniel Lehman (Associate), Markus Heins (Associate)

Luther, Real Estate: Daniel Schillberg (Senior Associate)