On June 7, 2017, Jacobs Holding AG, Zurich, Switzerland, announced that it signed agreements with Dr. Haleh Abivardi and Dr. Golnar Abivardi as well as EQT Mid Market to acquire swiss smile. Dr. Haleh Abivardi and Dr. Golnar Abivardi remain invested and actively engaged in swiss smile and will work with management to further improve the service offering and expand the clinic network. Financial terms of the transactions have not been disclosed. The transaction closed in June 2017.
swiss smile, founded in 2002 by Dr. Haleh Abivardi and Dr. Golnar Abivardi, is a leading provider of high quality full range private dental care and services in Switzerland and operates eleven clinics.
Jacobs Holding AG pursues to build the leading pan-European dentistry group. At present, the group operates more than 140 clinics and over 650 dentists and focuses on providing excellent dental care for the benefit of patients, dentists, employees and other stakeholders.
Homburger advised Dr. Haleh Abivardi and Dr. Golnar Abivardi in this transaction. The Homburger team was led by partner Dieter Gericke (Corporate | M&A) and included partner Stefan Oesterhelt (Tax) and associates Andreas Müller and Kevin Hubacher (both Corporate | M&A) as well as Céline Martin (Tax).