In a blockbuster move reshaping Canada’s healthcare landscape, GTCR to acquire Dentalcorp in an all-cash transaction that values the country’s largest dental practice network at CA$3.3 billion ($2.4 billion). The deal, steered by a battalion of seven powerhouse law firms, will take Toronto Stock Exchange-listed Dentalcorp private.
Dentalcorp’s founder, chairman and CEO Graham Rosenberg, CFO and President Nate Tchaplia, and private equity firm L Catterton are backing the takeover, rolling over significant equity stakes into the GTCR-led acquisition vehicle.
Legal Titans at the Table
The transaction has become a legal juggernaut, with Blake Cassels & Graydon LLP and Weil Gotshal & Manges LLP guiding Dentalcorp, while McCarthy Tétrault LLP advises its special committee. On the buy-side, Goodmans LLP and Latham & Watkins LLP represent GTCR. Meanwhile, Stikeman Elliott LLP counsels select members of Dentalcorp’s management, and Kirkland & Ellis LLP is advising L Catterton.
The Weil team is spearheaded by private equity partner Jakub Wronski, supported by banking and finance partner Thomas Mastoras and tax partner Jonathan Macke. McCarthy Tétrault’s committee team is led by Robert Hansen, joined by David Woollcombe, Patrick McCay, and Stephanie Dewey. GTCR’s legal firepower includes Goodmans’ mergers and acquisitions veteran Michael Partridge, alongside tax, regulatory, IP, real estate, environmental, and employment experts. Latham’s roster features corporate partners Bradley Faris and Jason Morelli, among others.
