The fund acquired a minority stake in Confident, a network of dental clinics recognized for its commitment to prevention and to providing high-quality, affordable dental care to vulnerable communities, with a turnover of €10 million and an EBITDA margin of 16%.

KYIP Impact Mission Fund (KIM) represents an innovative model in the Italian investment landscape, designed to support companies that enhance people’s quality of life and generate tangible benefits for society. As an Article 9 SFDR fund, KIM focuses on high-growth potential companies in the health and wellness sectors, featuring business models that integrate solid financial returns with intentional and measurable social impact goals. The fund is backed by Fondo Italiano d’Investimento SGR.

Confident, with its business model, fits fully into the fund’s strategy. Founded in 2020 in Gallarate (Varese), it currently operates 11 clinics primarily located in suburban areas, offering high-quality, affordable dental care with a strong focus on serving the most vulnerable groups of the population. Thanks to the strategic support of KYIP Capital, Confident aims to expand its network of clinics and develop new services targeting vulnerable groups, including the elderly in long-term care facilities and people with mobility difficulties. This growth is based on the scalability and replicability of a proven business model that combines operational efficiency and positive social impact.

Luciano Hassan, President and Founding Partner of Kyip Capital, stated: “With the launch of the impact investing fund, we have positioned ourselves as a pioneer in the Italian private equity sector, 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 is a strategic choice to consolidate our role as a leader in sustainability and in promoting 1 responsible finance. With our goal of raising €60 million by 2025, we are determined to bring in new investors who share our mission of combining economic growth and social impact with our existing ones”.

Eugenio Conforti, Partner and Head of Impact Program di KYIP Capital, stated: ‘The objective 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 focus on the most vulnerable groups, Confident represents an extraordinary opportunity to fulfil 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 who shares our values and 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”.

In line with existing international best practices, specific impact targets were defined in the development plan, integrated into the business model and designed to accompany the company’s growth. These targets include improving oral prevention rates among patients and expanding the capacity to serve and treat the most vulnerable groups. This investment marks the beginning of an ambitious project to build an integrated ecosystem of dental services focused on prevention and access to care, strengthening Confident’s role as a key player in the sector through innovation, sustainability, and responsible growth.

KYIP Capital was assisted by Alpeggiani Avvocati Associati as legal advisor, OC&C for commercial due diligence, Epyon Consulting for financial and tax due diligence and PwC for ESG and Impact aspects. Confident was assisted by Ethica Group as M&A advisor and by Laward Avvocati Associati for legal aspects.