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Dentalcorp Announces Closing of Acquisition by Investment Funds Affiliated with GTCR
Businesswire· 2026-01-14 19:57
Core Viewpoint - Dentalcorp Holdings Ltd. has successfully completed a statutory plan of arrangement, resulting in the acquisition of all issued and outstanding shares by an acquisition vehicle affiliated with GTCR LLC for C$11.00 per share, valuing the company at approximately C$2.2 billion in equity and C$3.3 billion in enterprise value [1] Transaction Details - The transaction involved the acquisition of all subordinate voting shares and multiple voting shares, with certain shareholders rolling over a portion of their shares into a new capital structure [1] - Following the transaction, the subordinate voting shares are expected to be delisted from the Toronto Stock Exchange, and the company will apply to cease being a reporting issuer in Canada [2] Shareholder Actions - Registered shareholders are required to submit a completed Letter of Transmittal along with their share certificates to receive cash consideration [4] - Non-registered shareholders will receive their entitled consideration through their intermediaries without needing to submit a Letter of Transmittal [5] Ownership Changes - Prior to the transaction, Graham Rosenberg held 100% of the multiple voting shares and 30.2% of the total voting power, and after the transaction, he and the Limited Partnership own approximately 3.0% of the equity in the resulting private company [8][9] - LC8 DCC Investment Borrower, L.P. owned approximately 36.4% of the subordinate voting shares before the transaction and received C$769.1 million in cash for their shares [11] Company Overview - Dentalcorp is recognized as Canada's largest dental practice network, focusing on delivering high-quality clinical outcomes and experiences while allowing dental professionals to maintain clinical autonomy [12] - The company aims to grow through strategic acquisitions and leveraging industry-leading technology [12] GTCR Overview - GTCR is a prominent private equity firm that has invested over $30 billion in approximately 300 companies since its inception, focusing on transformative growth in various sectors [13]
Dentalcorp Announces Receipt of Investment Canada Act Approval and Expected Closing Date for Acquisition by Investment Funds Affiliated with GTCR
Businesswire· 2026-01-09 17:16
Core Viewpoint - Dentalcorp Holdings Ltd. has received approval under the Investment Canada Act for its plan of arrangement involving an acquisition by GTCR LLC [1] Group 1: Acquisition Details - GTCR LLC will acquire all of Dentalcorp's issued and outstanding subordinate voting shares and multiple voting shares, excluding certain shares owned by Graham Rosenberg [1]
Park Dental Partners Completes Acquisitions of Two Practices - Enters Phoenix Market and Expands Twin Cities Presence
Globenewswire· 2026-01-07 21:35
Core Insights - Park Dental Partners, Inc. has completed two acquisitions of general dentistry practices, Sunlight Dental in Phoenix, Arizona, and Weddell Dental in Bloomington, Minnesota, enhancing its geographic reach and commitment to patient-centered care [1][2][3] Acquisitions Overview - The acquisition of Sunlight Dental marks Park Dental's entry into Arizona, specifically the growing community of Surprise, with Dr. Martin Romero leading the practice known for its comprehensive general dentistry services [3][4] - Weddell Dental, led by Dr. Kenneth Weddell, is the 47th practice in the Twin Cities for Park Dental, reinforcing its presence in Minnesota's fourth largest city, Bloomington [4][5] Strategic Focus - The acquisitions align with Park Dental's disciplined growth strategy, emphasizing partnerships with practices that share its clinical philosophy and cultural values [2][5] - The company aims to build a strong network of dental practices focused on quality, patient-centered care, and clinical excellence [5][6] Team Expansion - The acquisitions collectively add two doctors and 11 team members to Park Dental's affiliated network [6] Company Background - Park Dental Partners operates a network of over 200 dentists across 87 practice locations, providing comprehensive business support services to its affiliated practices [7] - The organization has been in operation for over fifty years, with a mission to ensure patients enjoy a lifetime of good oral health [7]
Celebrate Dental & Braces South Austin Expands Access to Affordable Family Dental Care and Invisalign for Austin Residents
Globenewswire· 2025-12-28 03:35
Core Insights - Celebrate Dental & Braces South Austin is expanding access to affordable Invisalign and comprehensive family dental care, responding to rising demand for convenient orthodontic solutions [1][2] Group 1: Services Offered - The practice provides flexible treatment options for both children and adults, focusing on comfort, quality, and long-term oral health [2] - A free Invisalign consultation is available, with payment plans starting at $169 per month and braces starting at $160 per month [5] - Comprehensive dental services are offered alongside orthodontic care, emphasizing preventive dentistry to avoid complex issues in the future [7] Group 2: Location and Community Impact - The South Austin location serves patients from various areas, including South Congress, William Cannon, Buda, Circle C, and Del Valle, providing general dentistry and orthodontics under one roof [3] - The practice has earned over 700 five-star patient ratings, establishing itself as a trusted provider in the community [9] Group 3: Leadership and Expertise - The South Austin office is led by Dr. David Ensley and Dr. Nazgol Gharbi, both of whom bring extensive experience and patient-focused care [3][4] - Dr. Ensley emphasizes the importance of early orthodontic treatment for significant transformations, particularly for children aged 7 to 14 [4] Group 4: Technology and Care Approach - The office utilizes modern digital imaging and treatment planning technology to create personalized care plans, enhancing diagnosis accuracy and patient comfort [8] - The integrated approach of combining general dentistry and orthodontics helps families maintain proactive oral health [7]
2025年文登区儿童龋病防治项目工作临近收官
Xin Lang Cai Jing· 2025-12-23 17:03
Core Viewpoint - Dental caries is a common oral disease affecting children's health and development, with a high prevalence rate of 45% among primary school students in Wenhui District, Weihai City, highlighting the need for effective preventive measures [1] Group 1: Prevalence and Impact - The prevalence of dental caries among primary school students in Wenhui District is reported to be 45%, with over 80% of cases attributed to fissure caries in permanent molars, posing a significant health threat to children and adolescents [1] Group 2: Preventive Measures - The fissure sealing technique is recognized as the most scientific method for preventing dental caries, and since 2019, Wenhui District has implemented a comprehensive dental caries prevention and treatment project for children [1] - The Wenhui District Dental Hospital serves as the designated medical institution for this project, providing free fissure sealing for first permanent molars to second-grade students across the district [1] Group 3: Implementation and Results - As of this year, the project has reached 9 primary schools, completing fissure sealing treatment for nearly 700 eligible children, with the work now in the final stages [1] - The fissure sealing process is conducted in stages: sealing of primary molars at ages 3-4, first permanent molars at ages 6-8, and second permanent molars at ages 11-13, primarily focusing on the first permanent molars [1] - The technique involves applying a protective agent on the tooth surface to create a barrier, which is non-invasive, painless, and does not damage tooth structure, resulting in high acceptance among children [1]
Park Dental Partners Rings the Closing Bell on the Nasdaq in New York
Globenewswire· 2025-12-12 20:40
Core Points - Park Dental Partners successfully completed its public listing on the Nasdaq Stock Market, with shares trading under the symbol "PARK" since December 3, 2025 [1] - The company aims to expand its stakeholder base and become a leader in the dental industry, emphasizing growth while maintaining a strong service culture [2] - Park Dental Partners provides comprehensive non-clinical business support services to over 200 dentists across 85 practice locations in Minnesota and Wisconsin, allowing practices to focus on patient care [3] Company Overview - Park Dental Partners is a dental resource organization that offers administrative support, clinical teams, and centralized services to affiliated dental practices [3] - The organization supports a full range of dental services, including oral surgery, periodontics, pediatric dentistry, prosthodontics, endodontics, and orthodontics [3]
Park Dental Partners Rings the Closing Bell on the Nasdaq in New York
Globenewswire· 2025-12-12 20:40
Group 1 - Park Dental Partners successfully completed its public listing on the Nasdaq Stock Market, with shares trading under the symbol "PARK" since December 3, 2025 [1] - The closing bell ceremony on December 11, 2025, was broadcast live, allowing global stakeholders to participate in the celebration [1] - The company aims to expand its stakeholder base and become a leader in the dental industry through its growth strategy [2] Group 2 - Park Dental Partners is a dental resource organization providing comprehensive non-clinical business support services to affiliated dental practices in Minnesota and Wisconsin [3] - The organization supports over 200 dentists across 85 practice locations, offering a full range of general and specialty dental services [3] - Services provided include clinical support teams, administrative personnel, facilities, equipment, technology, and revenue cycle management [3]
Dentalcorp Securityholders Approve Proposed Acquisition by Investment Funds Affiliated with GTCR
Businesswire· 2025-12-04 21:30
Core Viewpoint - Dentalcorp Holdings Ltd. has received approval from its securityholders for a plan of arrangement involving an acquisition by GTCR LLC [1] Group 1 - The special meeting of the Company's securityholders took place on December 4, 2025 [1] - Securityholders approved the special resolution known as the Arrangement Resolution [1] - The acquisition will involve a newly formed vehicle controlled by GTCR LLC acquiring all of Dentalcorp's issued and outstanding shares [1]
Park Dental Partners, Inc. Announces Pricing of Initial Public Offering
Businesswire· 2025-12-02 22:01
Core Viewpoint - Park Dental Partners, Inc. has announced the pricing of its initial public offering (IPO) at $13.00 per share, aiming to raise approximately $20 million in gross proceeds before expenses [1][2]. Group 1: IPO Details - The IPO consists of 1,535,000 shares, with an additional 230,250 shares available for underwriters to purchase within 30 days at the public offering price [1]. - The offering is expected to close on December 4, 2025, pending customary closing conditions, and shares will begin trading on The Nasdaq Capital Market under the ticker symbol "PARK" on December 3, 2025 [3]. Group 2: Use of Proceeds - The net proceeds from the IPO will be utilized for general corporate purposes, which may include acquisitions, capital expenditures, working capital, and debt repayment [2]. Group 3: Company Overview - Park Dental Partners is a dental resource organization providing non-clinical business support services to affiliated dental practices in Minnesota and Wisconsin [6]. - The organization supports over 200 dentists across 85 practice locations, offering a wide range of dental services including oral surgery, periodontics, pediatric dentistry, and orthodontics [7].
Dentalcorp Announces that Leading Proxy Advisors ISS and Glass Lewis Recommend Dentalcorp Shareholders Vote “FOR” the Arrangement and Provides Update Regarding Partner Dentist Rollover Opportunity
Businesswire· 2025-11-27 23:18
Core Points - Dentalcorp Holdings Ltd. announced that leading independent proxy advisory firms ISS and Glass Lewis have recommended shareholders vote FOR the Arrangement Resolution to approve the proposed plan of arrangement transaction [1] Group 1 - The recommendation from ISS and Glass Lewis indicates strong support for the transaction, which involves a newly formed acquisition vehicle controlled by the company [1]