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BGH-owned Abano to buy 84% stake in Australia dentistry business 1300Smiles

Photo: Bloomberg

Quynh Nguyen

25 August, 2021

Dental clinics operator Abano Healthcare Group Ltd has agreed to acquire 84% stake in Australian dental roll-up 1300Smiles for an enterprise valuation of A$165 million ($120 million), according to an announcement.

The acquisition was conducted through Adams Aus Bidco Pty Limited (Abano Bidco), a member of the Abano Healthcare Group (Abano Healthcare).

1300SmilesAbano Healthcare Group Ltd

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