Entrepreneurship Through Acquisition | Norway
Building Norway's Next Dental Platform
Eiyara Capital is an operator-led investment firm focused on acquiring and building established dental and oral healthcare businesses in Norway.
01 — About Eiyara Capital
Operator-Led Ownership in Dental Healthcare
Eiyara Capital was established to acquire and operate an established dental or oral healthcare business in Norway. Our approach combines sector-specific dental knowledge with entrepreneurship through acquisition.
Rather than building a clinic from the ground up, Eiyara Capital seeks to acquire an established business with a strong patient base, experienced clinicians, positive underlying economics and an owner considering succession or transition. Following an acquisition, the founder intends to take an active CEO / Managing Director role and focus on long-term operational development.
02 — Investment Strategy
Norway Investment Strategy
Primary Geography
Norway
Primary Sector
Dental & Oral Healthcare
Illustrative Enterprise Value
NOK 5–20 million
Preferred Chairs / Treatment Rooms
Approximately 3–8
Preferred characteristics
Established dental practice or small dental group with positive normalized EBITDA, strong existing patient base, multiple clinicians, stable clinical team, established operating history, and an owner considering retirement, succession or reduced involvement.
The criteria above are indicative rather than absolute. Eiyara Capital may evaluate opportunities outside these parameters where the underlying business quality and strategic fit are compelling.
03 — Why Norway
Why Norway
Norway has a well-established private dental market with a large base of independently owned practices alongside increasingly consolidated dental groups. Eiyara Capital sees an opportunity to provide a long-term succession solution for practice owners while preserving clinical quality, professional independence and continuity of patient care. The founder's professional experience in Norwegian private dental practice provides direct familiarity with the market, clinical operations, staffing dynamics and economics of dental care.
Sector Knowledge
Direct professional experience in dentistry.
Local Experience
First-hand experience in the Norwegian dental market.
Succession
A long-term ownership alternative for retiring or transitioning owners.
Operator-Led
Active management following acquisition.
04 — What We Look For
Established practices with a foundation to build from
05 — For Business Owners
A Long-Term Succession Partner for Dental Practice Owners
Selling a dental practice is more than a financial transaction. It involves patients, employees, clinicians, reputation and years — often decades — of professional work.
Eiyara Capital is interested in confidential conversations with Norwegian dental practice owners considering retirement, succession, a gradual reduction in clinical or management responsibilities, bringing in a long-term owner, or selling while remaining involved during a transition period. Our objective is to preserve what already works while supporting the next stage of the business.
06 — For Investors
Partner With an Operator
Eiyara Capital is currently engaging with prospective investors and long-term capital partners for its Norway-focused search.
The strategy is designed around a traditional entrepreneurship-through-acquisition model: identify an established business, conduct disciplined due diligence, acquire the company with an appropriate capital structure, and transition the sponsor into an active operating role.
Search capital and acquisition capital represent separate investment decisions. A specific acquisition opportunity will be presented to prospective acquisition investors with company-specific financial information, valuation, financing structure, risks and due diligence before capital is committed.
Detailed search economics and investment terms are available to qualified prospective investors upon request.
Investor Enquiry07 — Operator-Led Approach
Direct ownership, close operating attention.
Following an acquisition, Eiyara Capital's sponsor will serve as CEO / Managing Director, with a practical focus on the decisions that shape the business every day.
P&L management
Clear operating rhythms and accountable financial stewardship.
People & systems
Recruiting, clinic operations and scalable operating systems.
Measured growth
Patient acquisition, procurement and future acquisitions.
The strategy is not dependent on the sponsor personally producing dental revenue chair-side.
08 — Long-Term Strategy
From One Exceptional Practice to a Dental Platform
First Platform
Operational Development
Organic Growth
Selective Acquisitions
Multi-Clinic Dental Group
The immediate priority is not to acquire many clinics. It is to acquire one high-quality business and operate it successfully. Once a strong operating foundation has been established, Eiyara Capital may pursue additional acquisitions where they create strategic and economic value.
09 — About the Founder
Eirin Tunheim, DDS
Founder & Managing Partner, Eiyara Capital
Founder & Managing Partner
Eirin Tunheim, DDS, is the Founder & Managing Partner of Eiyara Capital and a dentist with professional experience in private dental practice in Norway. Her clinical background provides first-hand understanding of dental practice operations, clinician productivity, staffing, patient flow, treatment economics and the commercial realities of operating within the Norwegian dental market.
Through Eiyara Capital, Eirin is pursuing an entrepreneurship-through-acquisition strategy focused on acquiring an established Norwegian dental business. Following an acquisition, she intends to transition into an active CEO / Managing Director role, focusing on people, systems, financial performance, clinician recruitment, patient experience and sustainable growth. The long-term objective is to build a professionally managed dental platform that can grow organically and, where appropriate, through selective follow-on acquisitions.
Dentist (DDS)
Private Dental Practice Experience in Norway
Healthcare Operations
Sector-Specific Search
Entrepreneurship Through Acquisition
Long-Term Operator-Led Ownership
Current Status
Focused search, transparent progress.
Eiyara Capital is currently in the search and capital formation phase and has not yet completed its first acquisition.
The firm is developing its proprietary acquisition pipeline, speaking with Norwegian dental practice owners, building relationships with investors, lenders and professional advisers, and evaluating potential acquisition opportunities.
Long-Term International Perspective
A Long-Term Interest in Thailand
While Norway is Eiyara Capital's primary search market, the firm maintains a long-term interest in dental and healthcare opportunities in Thailand, where the founder has strong market familiarity and connections. Any future Thailand strategy would be evaluated separately and would not dilute the current focus on completing a successful Norwegian acquisition.
10 — Contact
Begin with a confidential conversation.
Whether you are evaluating a succession plan, exploring an investment opportunity or advising a prospective transaction, we welcome a considered introduction.
We treat all initial discussions with discretion and respect for confidentiality.
This website is for informational purposes only. Nothing contained herein constitutes an offer to sell or a solicitation to purchase securities. Any potential investment opportunity will be subject to applicable legal and regulatory requirements, appropriate documentation and independent due diligence.