Stout announced that Straumann Group (“Straumann”) has entered into an agreement to acquire PlusDental (Sunshine Smile GmbH), a German provider of orthodontic treatment in Europe. Stout acted as exclusive financial advisor to the founders and shareholders of PlusDental.

The healthtech start-up PlusDental is present in several European countries and is a leading provider of doctor-led clear-aligner treatment solutions. PlusDental combines consistent digitalization and high medical standards with the goal of making innovative dentistry accessible to more people. In addition to working with experienced partner dentists across Europe, the company is supported by an independent medical advisory board. The company relies on in-house development and production of the aligners in its Berlin dental laboratory and on medical checks by registered dentists. In total, over 50,000 patients have already successfully completed treatment with PlusDental, and in 2021 there were more than 20,000. Together with its Europe-wide network of clinics, the company has digitalized the entire treatment process for mild to moderate malocclusions. In 2021, PlusDental was named test winner in the aligner provider category by the German Institute for Service Quality (DISQ).

The Straumann Group (SIX: STMN) is a global leader in tooth replacement and orthodontic solutions that restore smiles and confidence. It brings together global and international brands such as Anthogyr, ClearCorrect, Dental Wings, Medentika, Neodent, NUVO, Straumann, and other fully or partially controlled companies and partners that represent excellence, innovation, and quality in tooth replacement as well as corrective and digital dentistry. In collaboration with leading clinics, institutes, and universities, the Group researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic splints, biomaterials, and digital solutions for tooth correction, tooth replacement, tooth restoration, and tooth loss prevention.

Straumann Group CEO, Guillaume Daniellot, said, “We are happy to welcome the PlusDental team to the Straumann Group. The company’s solution perfectly complements our existing doctor-led consumer orthodontics offering and will help us expand faster. With its high-quality medical-, tech-, and data-driven approach, the PlusDental business will further add to our medical expertise in the orthodontics space to ensure high-quality care can be offered to health consumers. In addition, this will enable us to offer dentists further opportunities to offer convenient, clinically based, quality treatments to patients which will help them grow their practices.”

Eva-Maria Meijnen, Lukas Brosseder, and Peter Baumgart, co-CEOs of PlusDental, added, “We are looking forward to working together with the Straumann Group. This is a very exciting opportunity as both companies share the vision of high-quality dentistry and putting patients first. Together we will provide access to dental care to many people in the future.”

Lukas Brosseder, Co-CEO and Founder, added, “In this instance, we would like to extend a special thank you to the entire team at Stout for the trust and excellent cooperation over the past years and the four transactions we successfully completed together. It has been amazing to see the sheer motivation and drive from the team to make everything possible for the success of each of these transactions.”

“Being the partner from PlusDental and accompanying them throughout their journey embodies what we as an advisor stand for,” said Mathis Wilke, Managing Director at Stout. “We support outstanding entrepreneurs throughout their multi-year journey by helping them raise smart capital from the right partners, as well as ultimately finding the perfect buyer to jointly take things to the next level. We would like to use the occasion to congratulate the founders and all shareholders for the successful trade sale to the Straumann Group, which will substantially strengthen its strategic consumer expertise and unlock further growth potential.”

Stout’s Director Kevin Kissner assisted on the deal, with further support from Stout’s Nansi Nistorova and Tim Branse.

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