Latham & Watkins Advises GTCR in C$2.2 Billion Acquisition of Dentalcorp

Dentalcorp Holdings Ltd. (TSX: DNTL), Canada’s largest and one of North America’s fastest growing networks of dental practices, announced that it has entered into a definitive arrangement agreement to be acquired by funds affiliated with GTCR LLC, with the support of each of the company’s Founder, Chairman and CEO, Graham Rosenberg, the company’s President and CFO, Nate Tchaplia, and LC8 DCC Investment Borrower, L.P. (L Catterton), via an all-cash transaction that values Dentalcorp at approximately C$2.2 billion on an equity value basis and C$3.2 billion on an enterprise value basis.

Latham & Watkins LLP represents GTCR in the transaction with a corporate deal team led by Chicago partners Bradley Faris and Jason Morelli, with associate Jack DeMeulenaere. Advice was provided on tax matters by New York partner David Raab; on debt finance matters by Washington, D.C. partners Jeffrey Chenard and Jennifer Kent, with associates Eleni Belay, Laura Edwards, and Eamon Bousa; on insurance matters by Los Angeles partner Drew Levin, with associate Cole Frost; on antitrust matters by Bay Area partner Kelly Fayne, Washington, D.C. partner Patrick English, and Bay Area counsel Jason Daniels; and on employee benefits and executive compensation matters by New York partner Max Raskin.