Eight Advisory supported Verlinvest on its majority investment in Faceland Nederland
Eight Advisory supported Verlinvest, a Belgian-based, family-backed evergreen investment company, with financial, tax and operational due diligence, tax structuring advice and customer & clinic data analytics on the majority investment in Faceland Nederland, a leading chain of branded medical aesthetics clinics in the Netherlands, Belgium, Germany, and Switzerland.
Faceland was founded in 2013 in the Netherlands with the mission of improving access to cosmetic medicine and transforming it from a niche industry into mainstream medical care. A no-nonsense team of young executives, doctors and nurses set out on this mission, ensuring Faceland’s approach was focused on quality, customer satisfaction, accessibility, and value-for-money from the start. This strategy translated into sustained growth in the Netherlands, Belgium, Switzerland and Germany, and Faceland now has 31 clinics in its network. Further international expansion remains an essential part of their vision. True to Faceland’s mission, co-founders Dr. Stijn Bauland and Ruud van de Handel have set up a Foundation which provides free courses on cosmetic medicine to health professionals and publishes research papers in peer-reviewed scientific journals.
Faceland will work together with Verlinvest’s team, many of whom are based on-the-ground in Benelux, to grow both its network of clinics and its much-loved consumer brand over the coming years. They will draw on Verlinvest’s experience of building successful branded healthcare platforms across Europe, including current and past investments in Nesto (vet care), Bludental (dental services), Sinomedica (medical acupuncture), and Armonea (senior care). The company’s ambitious plan is focused on rolling out a large number of new clinics using Greenfield and M&A strategies, thereby bringing Faceland’s high quality of medical care to as many patients as possible at affordable prices, as well as becoming the go-to employer for talented doctors and nurses.
Our team of experts have provided financial, tax and operational due diligence as well as tax structuring advice and customer & clinic data analytics:
Financial due diligence:
- Hans Bogaardt
- Kenneth Pauwels
- Christiaan Krekel
- Luuk Hintzen
- Nicolas Wemaere
Tax due diligence & tax advisory:
- Christian van Craevelt
- Bram de Roo
- Jean-Louis Vamsimaeys
- Nils Utens
Operational due diligence and customer & clinic data analytics:
- Tom de Troyer
- Bo Claes
- Louis Reynders
- Marie Peeters
