Maven's MBO Fund II Backs Covestus to Acquire UltraDEX and Dentyl

Maven Invests Growth Capital in Covestus; Covestus Acquires Probio7

July 19, 2024

Consumer Products

Maven Investor Partners, via Maven and SWIF Maven Equity Finance (part of the South West Investment Fund), has made a growth capital investment in Cheltenham-based Covestus to support its buy-and-build strategy. The funding will help Covestus scale its portfolio of consumer healthcare brands and has enabled the acquisition of probiotic supplement brand Probio7.

Oakley Capital Acquires Flemming Dental, Excent and Artinorway Group

August 8, 2023

Dental

Oakley Capital Fund V has agreed to acquire Flemming Dental, Excent and Artinorway Group in a carve-out from European Dental Group (EDG), creating an independent pan‑European dental laboratories group. Oakley will partner with the existing management team — including Excent co‑founder Hidde Hoeve — to pursue a buy‑and‑build growth strategy focused on digitalisation, international expansion and targeted M&A.

Audax Private Equity Invests in Mosaic Dental Collective

March 28, 2023

Dental

Audax Private Equity has made a strategic investment in Mosaic Dental Collective, a Vancouver, Washington–based dentist-led DSO that supports 49 affiliated dental offices across California and Washington. The partnership will provide capital and operational support to accelerate Mosaic's growth and M&A strategy while preserving its doctor-led model; financial terms were not disclosed.

National Dentex Labs Acquires Biotech Dental Prosthetics

January 10, 2022

Dental

National Dentex Labs (NDX) has acquired Biotech Dental Prosthetics of Palm Beach Gardens, Florida; terms were not disclosed. The Biotech lab will relocate into NDX’s Jupiter, Florida headquarters, with Biotech president Frank Lavonia III becoming general manager of NDX’s new lab; the acquisition expands NDX’s Florida footprint as its fifth full-service lab in the state.

Proclinic Acquires Exotec Dentaire

January 24, 2022

Medical Devices

Proclinic, Spain’s largest specialized distributor of dental solutions, has acquired Exotec Dentaire, a Dijon-based manufacturer of value-added products for the dental sector. The acquisition expands Proclinic’s presence in France and supports its international growth strategy; Proclinic is backed by Miura Partners, and the deal was advised by PwC, Deloitte and ADVANT Altana.

Maven Leads £17m Management Buyout of Envitia Group

December 14, 2020

Data & Analytics

Maven, via its Maven UK Regional Buyout Fund, has led a £17 million management buyout of Envitia Group, a Horsham‑based data and geospatial technology and services provider. The fund committed £15.25 million to support the management team, led by CEO Nabil Lodey, to accelerate product development (AI/ML), expand services and grow into new sectors.