Equicapita and BMO Capital Partners form roll-up vehicle Canadian Dental Laboratories

On October 4, 2021, Equicapita Income Trust and Equicapita Investment Corp. (collectively “Equicapita”), along with BMO Capital Partners as a co-investor, announced the formation of Canadian Dental Laboratories Limited Partnership (“Canadian Dental Labs”) in conjunction with the acquisition of the Protec Group of Dental Laboratories (“Protec”), a British Columbia-based dental laboratory specializing in dental lab technology. Canadian Dental Labs will hold controlling equity interests in both Protec and Equicapita’s existing dental lab investment, Shaw Dental Laboratory Inc. (“Shaw”), the leading network of dental laboratories in Ontario.

BMO Capital Partners is the private equity arm of the Bank of Montreal.

Miller Thomson advised BMO Capital Partners on the transaction with a team led by Robert Stewart (Corporate/M&A) and comprised Ron Choudhury and Carolyn Inglis (Corporate Tax); and Linda Spina (Law Clerk).