- Companies
- Dentalcorp
Dentalcorp Acquisition, Valuation, Funding & Investors
Dentalcorp was acquired by GTCR for $2.4B in September 2025, a 1.9x multiple on $1.3B of revenue.
Dentalcorp acquisition price
$2.4B
Acquired by GTCR · Sep 2025
Dentalcorp revenue at acquisition
$1.3B
Last twelve months · Sep 2025
Dentalcorp revenue multiple at acquisition
1.9x
EV/Revenue · Sep 2025
Dentalcorp EBITDA multiple at acquisition
11.1x
EV/EBITDA · Sep 2025
Dentalcorp Overview
About Dentalcorp
dentalcorp is a network of dental practices across Canada, founded in 2011 by Graham Rosenberg and Dr. Andrew Meikle. It operates a partnership model that lets affiliated dentists retain clinical and operating autonomy while dentalcorp provides business support, collaboration, and resources to help practices grow. The network has expanded to more than 250 locations serving over 2.5 million patient visits annually across the country.
HQ
Website
Status
Acquired
Customer focus
B2C
Revenue model
Services
Revenue
$1.3B (Sep 2025)
Valuation
$2.4B (acquired Sep 2025)
Sectors
Dentalcorp Acquisition
Dentalcorp was acquired by GTCR for $2.4B on 26 September 2025.
The acquisition price implies a 1.9x revenue and 11.1x EBITDA multiple on $1.3B of revenue.
Before the acquisition Dentalcorp had raised $121M across 1 funding round.
dentalcorp Holdings Ltd., Canada’s largest and one of North America’s fastest growing networks of dental practices, entered into a definitive arrangement agreement on September 26, 2025, to be acquired by investment funds affiliated with GTCR LLC, a Chicago-based private equity firm focused on healthcare and other sectors managing $50 billion in equity capital. The all-cash transaction values dentalcorp at C$2.2 billion on an equity basis and C$3.3 billion on an enterprise basis, with shareholders receiving C$11.00 per share, a 33% premium to the September 25, 2025 TSX closing price and 20-day VWAP. GTCR's strategy emphasizes organic growth and acquisitions in healthcare services, aligning with dentalcorp’s expansion of its network while allowing clinical autonomy for professionals. Shareholders representing 60.8% of outstanding shares, including the two largest with 56.2% voting interest, committed irrevocable support; Founder, Chairman and CEO Graham Rosenberg and President and CFO Nate Tchaplia will roll significant equity holdings into the post-closing structure and retain leadership roles, backed by LC8 DCC Investment Borrower, L.P. (L Catterton). The Supreme Court of British Columbia granted an interim order for a securityholder meeting on December 4, 2025, with final order hearing on December 9, 2025; closure occurred by early 2026. Canaccord Genuity advised dentalcorp’s Special Committee, Latham & Watkins represented GTCR, and Weil provided U.S. counsel to dentalcorp, reflecting strong board endorsement for long-term flexibility in technology investment and network growth.
| Acquirer | Date | Type | Price | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|
| 26 Sep 2025 | PE buyout | $2.4B | 1.9x | 11.1x |
Dentalcorp Funding History
Dentalcorp has raised a total of $121M across 1 funding round.
Dentalcorp funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jul 2014 | Undisclosed stage | Imperial Capital (lead); OPTrust Private Markets Group (lead) | $121M | Dentalcorp, founded in 2011 by Graham Rosenberg and Dr. Andrew Meikle, is Canada's largest group of dental practices with approximately 90 locations at the time of the investment. The company uses a unique partnership model allowing dentists to retain clinical and operating autonomy while providing business sophistication, collaboration, and resources to support growth. On July 28, 2014, Imperial Capital Group and OPTrust Private Markets Group completed a $121 million investment in Dental Corporation of Canada Holdings Inc. This marked Imperial Capital's fifth healthcare investment in North America in the past five years and part of their Acquisition Fund V. The investment was described as partnering with the company to support its next phase of growth, with quotes from investors highlighting Dentalcorp's high-quality clinics, innovation, and potential in the North American dental business. Management emphasized alignment with the investors' vision and continuity of business operations focused on national expansion and dentist support. Subsequent developments show significant growth post-investment; by the time of a later strategic investment from L Catterton, Dentalcorp had expanded to over 250 locations servicing more than 2.5 million patient visits annually and earned Gold Member status in Canada’s Best Managed Companies for four years. Imperial Capital and OPTrust, along with management and dentist shareholders, retained significant equity in that transaction, with Imperial reportedly achieving a 3.5x return on their initial investment. |
Who has invested in Dentalcorp?
2 investors have backed Dentalcorp across its funding rounds, including OPTrust Private Markets Group and Imperial Capital.
Lead investors include Imperial Capital and OPTrust Private Markets Group.
Dentalcorp Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Dentalcorp investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialDentalcorp Competitors
Dentalcorp competitors include listed companies like Meinian Onehealth, Dr. Soliman Abdul Kader, Dallah Healthcare and Acadia Healthcare, and private ones like Luz Saude and Metro Pacific Hospital Holdings.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.5B | $305M | $2.5B | 2.1x | ||
| Publicly listed | $824M | $131M | $2.3B | 3.0x | ||
| Publicly listed | $1.1B | $246M | $2.6B | 3.2x | ||
| Publicly listed | $3.3B | ($738M) | $2.7B | 1.6x | ||
| Private | - | $333M | $3.2B | - | ||
| Private | - | - | $1.6B | - |
Dentalcorp Public Comps
Dentalcorp is no longer listed, but its public comps include Meinian Onehealth, Dr. Soliman Abdul Kader, Dallah Healthcare, Asker Healthcare Group, Acadia Healthcare, Topchoice Medical, Draegerwerk, Kpj Healthcare, Pediatrix and Guardian Pharmacy Service.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.5B | $305M | 2.1x | 2.1x | 10.6x | 10.0x | |||
| $824M | $131M | 3.2x | 3.0x | 20.5x | 20.1x | |||
| $1.1B | $246M | 3.4x | 3.2x | 15.1x | 14.7x | |||
| $1.7B | $171M | 1.6x | 1.4x | 16.4x | 11.6x | |||
| $3.3B | ($738M) | 1.6x | 1.6x | (7.2x) | 8.8x | |||
| $434M | $139M | 5.4x | 5.0x | 16.8x | 16.4x | |||
| $4B | $449M | 0.6x | 0.6x | 5.2x | 5.1x | |||
| $1B | $256M | 3.4x | 3.2x | 13.8x | 13.3x | |||
This data is available for Pro users. Sign up to see all Dentalcorp competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Dentalcorp
| Where is Dentalcorp headquartered? | Dentalcorp is headquartered in Canada. |
| Is Dentalcorp publicly listed? | No, Dentalcorp was acquired by GTCR in September 2025. |
| Who acquired Dentalcorp? | Dentalcorp was acquired by GTCR in September 2025. |
| How much was Dentalcorp acquired for? | Dentalcorp was acquired for $2.4B in September 2025, a 1.9x revenue multiple. |
| How much funding has Dentalcorp raised? | Dentalcorp has raised $121M across 1 funding round. |
| What was Dentalcorp's last funding round? | Dentalcorp's last funding round was a $121M undisclosed-stage round in July 2014, led by Imperial Capital and OPTrust Private Markets Group. |
| Who are Dentalcorp's investors? | Dentalcorp's investors include Imperial Capital and OPTrust Private Markets Group. |
| Which companies are comparable to Dentalcorp? | Companies comparable to Dentalcorp include Meinian Onehealth, Dr. Soliman Abdul Kader, Dallah Healthcare, Acadia Healthcare, Luz Saude and Metro Pacific Hospital Holdings. |
See companies similar to Dentalcorp
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




