GTCR-backed Dentalcorp snaps up Northstar Dental Partners
- The acquisition represents Dentalcorp’s first in the US
- Northstar founder and CEO Dr. Jordan Tomalty will retain an ownership stake in the business
- Dentalcorp provides support for a network of over 650 practices with nearly 6 million patient visits annually
Dentalcorp, which is backed by GTCR, has acquired Northstar Dental Partners, a group of dental practices headquartered in Boca Raton, Florida. No financial terms were disclosed.
Based in Toronto, Dentalcorp is a dental support organization.
The acquisition represents Dentalcorp’s first in the US.
Northstar founder and CEO Dr. Jordan Tomalty will retain an ownership stake in the business.
“Fifteen years ago, we set out to build a fundamentally different kind of dental organization, one that puts world-class support behind the teams who deliver care, and today that vision extends across North America,” said Graham Rosenberg, CEO and founder of Dentalcorp. “Northstar is an exceptional company, and Dr. Tomalty is exactly the caliber of partner we look for as we expand across the US.”
Dentalcorp’s advisors on the transaction included: McDermott Will & Schulte LLP as legal counsel, Plante Moran as financial advisor, as well as Baker Tilly, KPMG and Marwood as tax, commercial and regulatory advisors, respectively. Weil, Gotshal & Manges LLP, Goodmans LLP and Latham & Watkins LLP also served as legal advisors to Dentalcorp on related corporate matters.
Greenberg Traurig and Galvan Messick served as legal counsel to Northstar Dental Partners.
Dentalcorp provides support for a network of over 650 practices with nearly 6 million patient visits annually.
