Integral invests in MindentMent

Integral Capital Group (“Integral”) is pleased to announce that it has completed the acquisition of an 80% stake in MindentMent (“MDM”), Hungary’s largest private dental services provider. Founder Zoltán Fehér will retain a 20% minority shareholding and remain an active partner in the next phase of the Company’s development.

Supported by Integral as its new majority investor and under the continued leadership of CEO Csongor Cegledi, MDM aims to strengthen its position as the leading private provider of dental care in Hungary. The Company will focus on expanding its presence in Budapest and select regional locations, investing in organizational capabilities, and further enhancing its operational excellence. MDM will also serve as the starting point for Integral’s strategy to selectively develop a regional dental platform in Central and South-Eastern Europe.

Integral manages institutional private equity and growth capital and is focused on investments in leading medium- and small-sized companies active in Central and South-Eastern Europe and the Adria region. Integral’s fund is backed by leading international institutional investors including the European Investment Fund, the European Bank for Reconstruction and Development and the International Finance Corporation. Integral covers its pan-regional target market out of hub offices in Budapest and Belgrade, and satellite offices in London, Bucharest, Sofia and Zagreb.

Founded by Zoltán Fehér, MDM has grown into Hungary’s largest private dental group by revenue and number of dental chairs. The Company currently operates ten clinics across Budapest, Szeged and Kecskemét supported by a network of over 100 medical professionals. MDM provides a full suite of general, aesthetic, and surgical dentistry services, with a strong focus on high clinical standards and quality of care. Its disciplined clinic roll-out, strong brand, and data-driven digital marketing have positioned the Company as a leader in a fragmented and growing market.

This acquisition marks one of the early platform investments from Integral’s second fund, Evolving Europe Principal Investments II (EEPI II). It highlights Integral’s commitment to high-quality outpatient healthcare services in the CEE region and underscores its continued presence in Hungary.

The terms of the investment were not disclosed.

Through European Investment Fund as one of the cornerstone investors in EEPI II the transaction is partially funded by the European Union – NextGenerationEU with the financial backing of the Government of Romania under the Romania Recovery Equity Fund, and the Government of Bulgaria under the Bulgaria Recovery and Resilience Plan.