mynth
01/2026

DENTALCORP acquired by GTCR

CANADA Health Providers / Outpatient Care / Dental Centers EV 3b - 100b CAD

Context

Dentalcorp Holdings Ltd. has successfully completed a statutory plan of arrangement to be acquired by an acquisition vehicle affiliated with GTCR. Under the terms of the agreement, GTCR acquired all issued and outstanding subordinate and multiple voting shares for C$11.00 per share in cash. The transaction represents a premium of approximately 33% over the 20,day volume weighted average trading price prior to the initial announcement in September 2025. Following the completion of the deal, the company is expected to be de,listed from the Toronto Stock Exchange and will cease to be a reporting issuer in Canada. As part of the strategic structure, the founder and senior executive leadership, alongside certain partner dentists, rolled a significant portion of their existing shares into the post,closing capital structure. This rollover ensures leadership continuity and aligns the interests of the management team with the new private ownership. The acquisition provides the organization with enhanced flexibility as a private entity to invest in technology, patient care infrastructure, and professional development. The transaction was unanimously recommended by a Special Committee of independent directors and the Board of Directors, following a comprehensive negotiation process designed to crystallize value for shareholders while supporting the group's long,term expansion.

DENTALCORP, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Healthcare & Pharma sector (14.3x).

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Target

Dentalcorp Holdings operates as the largest network of dental practices in Canada, establishing itself as a premier dental support organization in North America. The organization focuses on acquiring leading dental practices and uniting them under a common tech,enabled platform. This model allows dental professionals to retain their clinical autonomy while leveraging the group's significant scale, industry,leading technology, and specialized know,how to drive future growth. The entity is committed to delivering high,quality clinical outcomes and predictable patient experiences across its extensive national footprint. By providing comprehensive administrative and strategic support, the group enables practitioners to focus on patient care and overall well,being. The business is characterized by a high recurring patient visit rate and a robust acquisition strategy that continuously expands its reach within the Canadian healthcare market.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (CAD)

Year
Rev
EBITDA
EBIT
2025
2024

Similar deals in Health Providers

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
04/2026COLOSSEUM DENTAL GROUPMEDICALSANITALYDental Centers
02/2026MERIEUX EQUITY PARTNERSHEALTH IN CODE (HIC)SPAINLabs (Biology)
01/2026POINT VISIONCLINIQUE DE LA VISION (REFRACT SAS)FRANCEOphthalmology
12/2025TERVEYSTALO HEALTHCAREHOHDE GROUPFINLANDDental Centers
11/2025CIR - COMPAGNIE INDUSTRIALI RIUNITEKOS GROUPITALYNursing Homes
11/2025METRIC CAPITAL PARTNERSEXCELLENCE IMAGERIEFRANCERadiology
10/2025GROUPE RESONANCE IMAGERIECIMEPFRANCERadiology
07/2025BRIDGEPOINTMYDENTISTUNITED KINGDOMDental Centers
07/2025ARDIANDovidaSWITZERLANDOutpatient Care
05/2025FONDATION SANTE SERVICECLARIANE HAD (HOME HOSPITALIZATION SERVICES)FRANCEOutpatient Care

REFERENCES

Valuation range: EV 3b - 100b CAD

Revenue range: 1b - 3b CAD

EBITDA range: 250M - 500M CAD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of DENTALCORP by GTCR are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: dentalcorp

Acquirer: gtcr