Apollo Global Management Backs Swiss Dental Firm vVardis at $1 Billion Valuation

Apollo Global Management Inc. has entered into a strategic investment in vVardis Holding AG, a Swiss-based dental company. According to sources familiar with the matter, the transaction assigns a valuation of roughly $1 billion to the firm. vVardis was founded and is currently led by sisters Haley and Goly Abivardi, both of whom are professional dentists. The investment provides the firm with the financial backing of one of the world's largest alternative asset managers, positioning the company for potential scaling. Under the terms of the private agreement, the Abivardi sisters will retain approximately 70% ownership of the company. This ownership structure allows the founders to maintain operational control and leadership while leveraging Apollo's capital and institutional network. While representatives for both Apollo and vVardis have declined to comment on the specific financial details, the deal highlights continued private equity interest in specialized healthcare services and the consolidation of dental practices in the European market.