dentalcorp

Canaccord Genuity Acts as Financial Advisor to dentalcorp Holdings on its Announced C$3.3 Billion Sale to GTCR

Canaccord Genuity is pleased to announce that on September 26, 2025, its client, dentalcorp Holdings Ltd. ("Dentalcorp" or the "Company"), entered into an arrangement agreement with GTCR LLC (“GTCR”) whereby GTCR has agreed to acquire all of the issued and outstanding shares of the Company (the “Transaction”).

The Transaction provides immediate liquidity and certainty of value to Dentalcorp shareholders at an attractive all-cash purchase price of C$11.00 per share, representing a premium of approximately 33% to both the closing price and 20-trading day VWAP on the TSX, respectively, as of September 25, 2025. The purchase price of the Transaction values Dentalcorp at approximately C$2.2 billion on an equity value basis and C$3.3 billion on an enterprise value basis. Shareholders representing 60.8% of Dentalcorp’s outstanding shares have entered into voting support agreements in favour of the transaction, including its two largest shareholders, who together maintain an approximate 56.2% voting interest, having entered into irrevocable voting support agreements to vote in favour of the Transaction. As a condition to the Transaction, the Company’s Founder, Chairman and CEO, and President and CFO will each roll a significant portion of their holdings into equity in the post-closing capital structure, and will continue in their leadership roles post-closing.

Dentalcorp is Canada's largest and one of North America's fastest growing networks of dental practices, committed to advancing the overall well-being of Canadians by delivering the best clinical outcomes and unforgettable experiences. Dentalcorp acquires leading dental practices, uniting its network in a common goal: to be Canada's most trusted healthcare network. Leveraging its industry-leading technology, know-how and scale, Dentalcorp offers professionals the unique opportunity to retain their clinical autonomy while unlocking their potential for future growth.

GTCR is an American private equity firm that invests in market-leading companies through organic growth and strategic acquisitions. GTCR is focused on investing in transformative growth in companies in the business & consumer services, financial services & technology, healthcare and technology, media & telecommunications sectors. Since its inception, GTCR has invested more than $30 billion in over 290 companies, and the firm currently manages approximately $50 billion in equity capital. GTCR is based in Chicago with offices in New York and West Palm Beach.

Canaccord Genuity acted as financial advisor to the Special Committee of Dentalcorp.