‘AVIVO GROUP’ signs partnership agreement with Dubai-based ‘Dr Michael’s Dental Clinic’

The partnership is part of Al Masah Capital Limited’s AED 1.1 billion investment targeted towards the expansion and growth plans for ‘AVIVO GROUP’

AVIVO GROUP’, the healthcare private equity initiative operating under ‘Al Masah Capital Limited’, one of the region’s leading alternative investment and asset management firms, announced today that it has successfully entered into a partnership with the Dubai-based ‘Dr Michael’s Dental Clinic’ (DMDC). 

The new partnership follows the recent rebranding of the group, known previously as ‘Healthcare Mena Limited’ (HML). The rebranding was announced during a press conference held last October in Dubai, where ‘Al Masah Capital Limited’ revealed plans to invest AED 1.1 billion in AVIVO GROUP’s expansion and acquisition strategy all over the GCC region and South East Asia. With this partnership, AVIVO GROUP increases its healthcare network to 32 facilities in 4 major GCC cities.

Shailesh Dash, CEO and Founder of ‘Al Masah Capital Limited’ and Chairman of ‘AVIVO GROUP’, commented, “We are delighted to announce this partnership that takes us another step forward with the implementation of the growth strategy we have announced during AVIVO GROUP’s launch conference earlier this month. From the 32 facilities we currently operate, our objective is to reach 50 facilities and to be present in 5 of the 6 Gulf countries within the next two years.“

‘Dr Michael’s Dental Clinic’ is a chain of specialized dental centers offering high quality comprehensive and specialized dentistry and oral surgery out of three facilities in Dubai. The dental chain offers the highest level of dental services by internationally qualified doctors using the latest technologies and highest quality materials. It commenced its operations in 1997, and currently provides its patients with a wide range of treatments through a team of experienced professionals specialized in cosmetic dentistry, implantology, pediatric dentistry and orthodontics. ‘Dr Michael’s Dental Clinic’ enjoys an exceptional reputation, and is recognized for the excellent quality of its doctors and dentistry services in Dubai.

Amitava Ghosal, Executive Board Member and CEO of ‘AVIVO GROUP’ said, “This partnership enables ‘AVIVO GROUP’ to further enhance its specialized service offering in the region. ’Dr Michael’s Dental Clinic’ is one of the most recognized names in the dental care segment in Dubai due to the very high quality of its medical services. We are planning to expand the scope further and contribute to ‘Dr Michael’s Dental Clinic’ by accelerating its growth both within the UAE and in the region thus providing quality dentistry services to a growing regional population.”

Michael Formenius, Founder of ’Dr Michael’s Dental Clinic’ said, “As a leading provider of dental services in Dubai, we are pleased to be able to join this partnership and believe that it will contribute to improve the performance of the clinic and to significantly increase its presence in the region. We look forward to sharing expertise and collaborating with ‘AVIVO GROUP’ to ensure that we are able to develop and deliver the highest standard of care to our patients.”