Unison Capital Puts Korean Dental Scanner Maker Medit Up for Sale Amid Strong Global Interest
Private equity firm Unison Capital Inc. has placed Medit Corp., South Korea’s leading developer of intraoral 3D dental scanners, on the market, with potential valuations reaching up to $3.1 billion (around 4 trillion won). This move highlights the booming demand for digital dentistry solutions, as Medit has grown into one of the world’s top players in the intraoral scanner sector since Unison’s investment.
Founded in 2000 by MIT graduate Chang Min-ho (also known as Jang Min-ho), Medit originally specialized in industrial 3D scanning before pivoting to dental applications. The company revolutionized workflows with fast, accurate intraoral scanners that capture digital impressions in under a minute — eliminating messy traditional molds and enabling same-day prosthesis production. Under Unison’s ownership since late 2019 (when it acquired a controlling stake for about 320 billion won), Medit experienced explosive growth: sales more than doubled, and EBITDA nearly tripled by 2021, driven by the global shift toward digital dentistry.
Medit now holds a significant market share (around 24% globally in recent years), with products like the popular i700, i900, and earlier models widely adopted in clinics for precision diagnostics, orthodontics, implants, and restorations. The scanners feature lightweight designs, reversible tips, and advanced software for seamless integration into modern practices.
Here are dynamic images showcasing Medit’s cutting-edge intraoral scanners in action, held by dentists during patient examinations:
These visuals capture the ergonomic, high-tech devices that make scanning comfortable and efficient for both practitioners and patients.
The sale process, initiated around 2022, attracted intense interest from global heavyweights including Carlyle Group, KKR, Blackstone, MBK Partners, and strategic players like Straumann and Envista. Initial bids aimed high, but the deal saw resets after some preferred consortia (like Carlyle-GS Holdings) failed to close. Ultimately, MBK Partners acquired Medit in late 2022 for approximately 2.45 trillion won ($about 2 billion USD), marking a successful exit for Unison after substantial value creation.
This transaction underscores Korea’s strength in innovative dental tech, fueling the country’s dental tourism and digital dentistry dentist in massapequa boom. Medit’s story — from startup to multi-billion-dollar asset — exemplifies how strategic PE investment can accelerate growth in high-potential sectors like healthcare tech.
As digital tools continue transforming dentistry worldwide, Medit’s scanners remain at the forefront, promising faster, more precise care for patients everywhere.