Dentalcorp to be Acquired by GTCR in C$2.2 Billion Deal

dentalcorp Holdings ( (TSE:DNTL) ) just unveiled an update.

Dentalcorp Holdings Ltd. has agreed to be acquired by investment funds affiliated with GTCR in an all-cash transaction valued at approximately C$2.2 billion. This acquisition offers a 33% premium to the 20-day VWAP of Dentalcorp’s shares and has received support from shareholders representing 60.8% of the voting interest. The transaction, unanimously approved by Dentalcorp’s board, is expected to provide enhanced flexibility for the company to execute its long-term strategy, invest in technology, and expand its network of dental practices across Canada. GTCR’s experience in healthcare services is anticipated to support Dentalcorp’s growth and maintain its position as a leader in Canadian dentistry.

The most recent analyst rating on (TSE:DNTL) stock is a Hold with a C$8.50 price target. To see the full list of analyst forecasts on dentalcorp Holdings stock, see the TSE:DNTL Stock Forecast page.

Spark’s Take on TSE:DNTL Stock

According to Spark, TipRanks’ AI Analyst, TSE:DNTL is a Neutral.

dentalcorp Holdings shows positive revenue growth and solid cash flow, which are strong indicators for future performance. However, the company’s profitability issues and negative P/E ratio weigh down its overall score. Technical analysis suggests a neutral to slightly positive market sentiment, but valuation concerns remain significant.

To see Spark’s full report on TSE:DNTL stock, click here.

More about dentalcorp Holdings

Dentalcorp Holdings Ltd. is Canada’s largest and one of North America’s fastest-growing networks of dental practices. The company focuses on providing dental services and is known for its tech-enabled platform and unique service offerings, making it a preferred partner for leading dental practices across Canada.

Average Trading Volume: 143,244

Technical Sentiment Signal: Buy

Current Market Cap: C$1.68B

See more insights into DNTL stock on TipRanks’ Stock Analysis page.