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LGT Private Debt co-arranges unitranche facility for Acteon

30 January 2024

LGT Private Debt advised entities have acted as co-underwriters of a unitranche facility as part of the refinancing of the European dental care equipment specialist Acteon. The debt facility is designed to support the company in its next development phase, which is being driven by the investment holding company Dentressangle.

Founded in 1978 with headquarters near Bordeaux, France, and five productions sites in Europe, Acteon is one of the leading designers and manufacturers of high-quality dental care equipment, tools and consumables. The company has a large portfolio of products addressing critical steps in dentists’ workflow and offers its services in 125 countries.

Kevin Abrial, Partner at LGT Capital Partners, commented: “LGT Private Debt is pleased to support Dentressangle as well as Acteon as the firm embarks on its next development phase. We aim to help Acteon to strengthen its competitive edge, leveraging its longstanding innovation capabilities and high-quality products. We also value Dentressangle’s hands-on investment strategy, as well as its expertise in partnering with medical and industrial companies with an international footprint.”

Thierry Coloigner, Managing Partner at Dentressangle, said: “LGT Private Debt swiftly recognized Acteon’s potential and was able to provide a flexible and tailor-made financing solution. We are pleased to team up with LGT Private Debt as we believe they will be a valuable financing partner to support Acteon and its future development.”

Private debt is one of LGT Capital Partners’ areas of expertise in the field of private markets. The team has an average of 13 years of industry experience and is based in Paris, London and Frankfurt. It has invested more than EUR 5.3 billion since 2005. As a specialist in the European private debt market, it arranged the first unitranche transaction in Europe in 2007.

Acteon
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