Announced
Synopsis
Adagia Partners, a European mid-market private equity firm, to acquire Minlay Group, a manufacturer and supplier of dental prosthetic products, from Motion Equity, a private equity firm. Financial terms were not disclosed. "Since our initial investment in 2017, Minlay has scaled-up to become the undisputed French leader in the manufacture and commercialization of dental prosthetic devices. We are very proud to have supported this transformation, particularly in the execution of an ambitious external growth strategy that resulted in nearly 20 acquisitions over the past 4 years. We are very happy to hand-over to Adagia Partners, which we believe is an ideal partner to support the Group in its European development," Cédric Rays, Motion Equity Managing Partner.
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