L Catterton’s Dentalcorp raises $1.2 bln in debt financing

Dentalcorp Health Services ULC, a Toronto-based network of general and specialist dental clinics, has closed a debt financing of nearly $1.2 billion (US$908 million). The company said it will use the deal's proceeds to refinance debt facilities and support its growth agenda. Dentalcorp last month raised a significant, undisclosed investment from L Catterton, a U.S. consumer private equity firm. Imperial Capital Group, a Canadian private equity firm, and OPTrust Private Markets Group, which have together backed the company since 2014, continue to hold stakes.

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