Imperial Capital and Optrust Partner with Dental Corporation

TORONTO, July 28, 2014 /CNW/ - Imperial Capital Group of Toronto, together with its partner OPTrust Private Markets Group ("OPTrust"), is pleased to announce that it has completed a $121 million investment in Dental Corporation of Canada Holdings Inc. ("Dental Corp" or the "Company").

Based in Toronto, Dental Corp is the largest group of dental practices in Canada with approximately 90 locations. The company was founded in 2011 by Graham Rosenberg and Dr. Andrew Meikle and leverages a unique partnership model that enables dentists to retain their clinical and operating autonomy and focus on patient care rather than the administrative aspects of running a dental practice. Dental Corp's aim is to bring a new level of business sophistication and collaboration to the dental industry while providing strategic and tactical resources to support its dentist partners' personal and professional growth ambitions.

"We have had a strong interest in the North American dental business and see Dental Corp as both a great investment and a company with a compelling mission to advance the business of dentistry," said Justin MacCormack, Partner and Head of Healthcare investing at Imperial Capital. "The Company's clinics are among the best in the country in terms of quality, technology, and innovation, allowing dentists to be leading-edge providers of care," added Jeffrey Rosenthal, Managing Partner at Imperial Capital.

OPTrust's Sandra Bosela, Co-Head, Managing Director and Global Head of Private Equity, added that "Dental Corp's clinics distinguish themselves by providing exceptional overall service for the increasingly discerning Canadian dental consumer. We are very proud to be partnering with Dental Corp as the Company enters its next phase of growth."

Mr. Rosenberg and Dr. Meikle said "We're thrilled to have found partners in Imperial Capital and OPTrust. They both have solid investment track records and are aligned with our vision. Most importantly, it remains business as usual at Dental Corp, as we continue to focus on growing our national presence and providing exceptional support to dentists."

Dental Corp is Imperial Capital's fifth healthcare investment within North America in the past 5 years. This marks the third investment for Imperial Capital Acquisition Fund V.

For further information on Imperial Capital, please go to www.imperialcap.com.

For further information on OPTrust Private Markets Group, please go to www.optrust.com/investments/private-markets.asp

For further information on Dental Corporation, please go to www.dentalcorp.ca.

SOURCE: Imperial Capital Group Ltd.

Contact information: Imperial Capital Group Ltd., Name: Jeffrey Rosenthal, Managing Partner, Email: [email protected], Ph: [phone] x226; Name: Justin MacCormack, Partner and Head of Healthcare, Email: [email protected], Ph: [phone] x234; OPTrust Private Markets Group, Name: Sandra Bosela, Co-Head, Managing Director and Global Head of Private Equity, Email: [email protected], Ph: [phone]; Dental Corporation, Name: Graham Rosenberg, Co-CEO & President