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Peloton Capital, KKR, and Heartland Dental support strategic merger of 123Dentist and Altima Dental

123Dentist, Altima Dental, and Lapointe Group have entered into a merger agreement to create one of the largest dental support organisations in Canada, with nearly 350 supported dental practices.

The transaction is being financed through equity capital provided by 123Dentist’s existing financial partner, Peloton Capital Management; new investors KKR, a leading global investment firm, and Heartland Dental, a KKR portfolio company and a leading dental support organisation in the US; and Sentinel Capital Partners, Altima Dental’s existing financial partner.

123Dentist will continue its dentist-first, patient-focused growth strategy and pursue attractive opportunities with dentists looking for long-term partnership solutions that provide flexibility and autonomy to operate their dental practices in a manner that reflects the unique needs of each clinic and dentist partner.

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