Confident, a network of dental clinics committed to prevention and the provision of high-quality and accessible dental care, has sold a minority stake to KYIP Capital – which invested for the first time through the impact investing fund KYIP Impact Mission (KYIM), which supports Italian companies combining solid financial results and positive impact on society in strategic sectors such as health and well-being.
Confident, Italian company founded in 2020, has a turnover of 10 million euros and an Ebitda margin of 16%, managing 11 clinics located in peripheral areas that offer affordable and high-quality dental care for the socially disadvantaged.
Thanks to the strategic support of KYIP, Confident aims to extend its network of clinics and develop new services aimed at the most socially fragile categories. The growth plan includes a significant increase in operational capacity through the opening of new offices, with the aim of expanding its presence in the area beyond 30 clinics in the next 4 years.
In line with international best practices, specific impact targets have been outlined in the shared plan, integrated into the business model and designed to support the company’s growth. This transaction marks the beginning of an ambitious project that aims to build an integrated ecosystem of dental services, oriented towards prevention and access to care, consolidating Confident as a reference in the sector through innovation, sustainability and responsible growth.
Luciano Hassan, president and founding partner of KYIP Capital SGR, stated: “With the launch of the impact investing fund, we have chosen to position ourselves as pioneers in the world of Italian private equity, integrating financial objectives and measurable positive impacts. This approach reflects our long-term vision: to support companies that improve people’s quality of life, while generating solid returns for our investors. The fund represents a strategic choice to consolidate our role as a leader in sustainability and in promoting responsible finance. Our goal is to raise €60 million by 2025, and we are determined to involve new investors who share our mission of combining economic growth and social impact”.
Eugenio Conforti, partner and Head of Impact Program of KYIP Capital SGR, said: “The goal is to support companies that combine solid financial results with a positive and tangible impact on society. Confident is an excellent example of entrepreneurship capable of responding to urgent social needs, such as prevention and access to dental care, without compromising growth and profitability. Thanks to its innovative approach and attention to the most socially disadvantaged, Confident represents an extraordinary opportunity to achieve the fund’s mission and further strengthen its leadership in the dental market”.
Paolo Miglietta, CEO of Confident, added: “We are proud to collaborate with KYIP Capital, a partner that shares our values and our vision. Thanks to this partnership, we will be able to accelerate the expansion of our activities and further improve the quality and accessibility of our care. Confident will continue to focus on prevention and care for the most vulnerable segments of the population, extending our positive contribution to the communities we serve.”
