This article was published on ChosunBiz MoneyMove at 6:26 p.m. on Sept. 3, 2025.
Shareholders of the dental scanner company Medit will invest an additional 140 billion won in the company. Medit plans to complete the acquisition financing waiver in October, and this decision was made to reach an agreement with the lender group.
According to the investment banking (IB) industry on the 4th, recent shareholders of Medit, including MBK Partners, UCK Partners, and the original founder, have decided to execute a total equity investment of 140 billion won in the company.
Medit is a three-dimensional (3D) dental scanner company that was acquired by MBK Partners for 2.4 trillion won in 2023. However, UCK Partners, the entity selling the company, has also reinvested, resulting in MBK Partners and UCK Partners holding equity stakes of 70% and 18%, respectively. The remaining 12% is held by the original founder, Professor Jang Min-ho of Korea University. It is still unclear how much each shareholder will contribute to the equity investment.
At the time of acquiring Medit, MBK Partners raised 900 billion won in acquisition financing. Woori Bank, Kiwoom Securities, and Samsung Securities jointly arranged the financing, and when considering all the institutions that took part in the sell-down, the total reached about 40.
MBK Partners aims to complete the acquisition financing waiver in October. The financial covenant condition was to maintain the net debt to EBITDA ratio below 6.5 times, but as growth slows, it has become difficult to uphold this.
For the waiver, the consent of a majority of lenders is required, specifically the agreement of two-thirds of the lender group based on the contracted amount.