Ontario Teachers’ Pension Plan Acquires Spanish Oral Healthcare Group DONTE GROUP for Over €1 Billion
Published: October 27, 2023
By: World Today News staff
Linklaters has advised the global investor Ontario Teachers’ Pension Plan Board (Ontario Teachers’) on its definitive agreement with Advent to acquire 100% of DONTE GROUP, the Spanish oral healthcare group, alongside its management team. the significant transaction values the company at more than €1 billion.
This investment underscores Ontario Teachers’ confidence in DONTE GROUP as a leading platform within its sector. The company is recognized for its high-quality services and brands, a frist-class management team, and substantial potential for future growth. This growth is expected to be driven by organic expansion, the opening of new clinics, and strategic acquisitions.
Through this acquisition, Ontario Teachers’ will provide DONTE GROUP with access to long-term, flexible capital and extensive expertise in developing and expanding specialist dental and healthcare services companies across the USA, Europe, and asia. DONTE GROUP is set to become a key component of Ontario Teachers’ CAD$6 billion global healthcare portfolio, which already includes prominent entities such as Heartland Dental, PhyNet, Veonet, and NVISION.
the cross-border and multi-practice team at Linklat