Houlihan Lokey Advises Castik Capital (4)

Houlihan Lokey is pleased to announce that its EMEA Capital Markets team has successfully arranged a fully committed debt financing package backing the acquisition of AllDent-Gruppe GmbH (AllDent) by Castik Capital S.à r.l. (Castik). The transaction closed on April 8, 2019.

Founded in 2014, Castik is a private equity firm with €1 billion of equity capital invested in a small number of defensible, cash-generative growth companies in Western and Central Europe, with a specific focus on Germany, the UK, the Netherlands, Belgium, France, Switzerland, Austria, and Italy.

Founded in 2011 by two third-generation dentists, AllDent is one of the largest dental care chains in Germany. Employing approximately 100 dentists across four large practices—two in Munich, one in Frankfurt, and one in Stuttgart—AllDent offers the full range of traditional dentistry services as well as prophylaxis and cosmetic services. AllDent has already been executing a successful greenfield expansion strategy, which the two founders, with the support of Castik, plan to continue by opening new dental practices throughout Germany.

Houlihan Lokey acted as the exclusive financing advisor to Castik and ran an accelerated process to arrange, structure, and negotiate the financing for the acquisition.