The Service of the Commission for the Protection of Competition has received a notification of a concentration, according to Section 10 of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition of the sharecapital of Turnstone Equity Co 1 Limited by Bridgepoint Group Limited, via MYD BIDCO LIMITED.
MYD BIDCO LIMITED is a special purpose vehicle that does not have any previous activities and is controlled by Bridgepoint Europe VI Fund, a European middle market private equity fund, which consists of a number of limited liability companies and is managed by Bridgepoint Advisers Limited, a company duly registered under the laws of UK.
Bridgepoint Group Limited is a company duly registered under the laws of UK, which is the ultimate parent company of Bridgepoint Advisers Limited, focuses on investing in established European middle market businesses in a wide range of sectors, including consumer / retail, business services, industrial, financial services, healthcare, media and technology.
The Target in this concentration is Turnstone Equity Co 1 Limited, a company duly registered under the laws of UK, which is the ultimate holding company of a number of holding companies and operating companies, which constitute the IDH Group that owns a dental care business as well as a dental consumables distribution business.
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