Stout acted as the exclusive financial advisor to PlusDental and its shareholders for the investment by Cadence Growth Capital (CGC). With the investment, CGC is strengthening the company’s shareholder base alongside the incumbent investors LakeStar, HV Capital, PingAn Global Voyager Fund, and F4 which led earlier financing rounds of the company.
PlusDental is headquartered in Berlin and was founded in 2017. Since then, the company has become the largest digital dentistry company in Europe with more than 110 partner practices. It operates its own production lab in Germany and employs over 300 people. Due to PlusDental’s competitive price point, its direct consumer-focused marketing approach, and its scalable partnership model with dentists, PlusDental has already served more than 20,000 customers. Through its digitized value chain, PlusDental combines high medical quality with an exceptional level of patient convenience at affordable prices.