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Updated · Bloomberg · Apr 27Apollo Global Management invests in Swiss dental firm vVardis at $1 billion valuation
8 articles · Updated · Bloomberg · Apr 27
- The deal sees Apollo backing vVardis Holding AG, founded by sisters Haley and Goly Abivardi, who will retain about 70% ownership.
- Financial details remain private, but the investment marks a significant endorsement for the Swiss dental company by a major global investor.
- Both Apollo and vVardis declined to comment on the specifics of the transaction, which highlights growing interest in innovative dental firms.
What growth strategy justifies a $1 billion valuation for a dental technology company? As private equity buys more dental practices, should patients be worried about their care? Beyond the billion-dollar deal, can this Swiss tech truly make cavities obsolete? How will vVardis navigate Europe's strict new AI and medical device regulations? How will the founders' mission survive Apollo's demand for high investor returns?