L Catterton Latin America invests in OdontoCompany
Summary
São José Do Rio Preto and Greenwich, Conn. – November 6, 2019 – OdontoCompany (the “Company”), a leading and growth-oriented dental clinic franchisor in Brazil, today announced that it has received a significant strategic investment from the Latin America fund of L Catterton, the largest and most global consumer-focused private equity firm. “This investment is a testament to the tremendous efforts and hard work of the OdontoCompany team and our franchisee family to bring dental care to patients across the country, and it demonstrates the high growth potential of our model,” said Dr. Zahr. With L Catterton’s partnership and the continued support of Semenzato, we will continue expanding, both organically and though strategic acquisitions, while setting the standard of dental care and amplifying our position as pioneers in the market.” “OdontoCompany has experienced impressive growth over the past nearly 30 years and is ideally positioned to capitalize on the favorable dental care category dynamics in Brazil,” said Julio Babecki, Managing Partner, L Catterton Latin America. We look forward to supporting franchisees and strengthening the Company’s growing network with the implementation of best practices, extensive benchmarking, new training, and an enhanced IT infrastructure.” “We see significant potential in OdontoCompany as a curated experience that offers patients best-in-class dentists, innovative technology, and unmatched service at affordable prices,” said Farah Khan, Partner, L Catterton Latin America. “As the population continues to prioritize health and wellness, the Brazilian dental industry has experienced remarkable growth and OdontoCompany has done a terrific job of building a network to meet the rising demand,” added Mr. Semenzato.