On September 26, 2025, Dentalcorp Holdings Ltd., Canada's largest dental practice network, agreed to be acquired by funds affiliated with GTCR LLC in an all-cash transaction valuing the company at approximately C$2.2 billion on an equity basis and C$3.3 billion on an enterprise value basis. GTCR acquired all outstanding shares at C$11.00 per share, excluding rollover shares held by key insiders. Founder and CEO Graham Rosenberg, President and CFO Nate Tchaplia, and L Catterton rolled 50 percent, 40 percent, and 18 percent of their shares, respectively, into the new ownership structure, with certain partner dentists also participating. Shareholders representing approximately 60.8 percent of total voting power agreed to support the transaction.

The deal was unanimously approved by Dentalcorp's board of directors and a special committee of independent directors following fairness opinions from INFOR Financial Inc. and Canaccord Genuity Corp. The transaction closed on January 14, 2026, following securityholder and court approvals. Dentalcorp's subordinate voting shares have been delisted from the Toronto Stock Exchange.

Legal advisors to Dentalcorp were Blake, Cassels & Graydon LLP and Weil, Gotshal & Manges LLP, with McCarthy Tétrault LLP advising the special committee. GTCR was advised by Goodmans LLP and Latham & Watkins LLP, with Moelis & Company as financial advisor. Stikeman Elliott LLP advised certain management, and Kirkland & Ellis LLP advised L Catterton.