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MCA Dental Group Announces Successful Capital Raise with Equity Partners, Persistence Capital Partners, to Bolster DSO Acquisition Strategy

[OTTAWA, Ontario, December 11, 2023] – MCA Dental Group (“MCA”), a leading Dental Support Organization (“DSO”) dedicated to providing exceptional support and resources to dental practices, is thrilled to announce a successful capital raise in partnership with Persistence Capital Partners (“PCP”). This significant milestone marks a new era of growth and expansion for MCA.

With the unwavering commitment and support from PCP, MCA is poised for rapid expansion and is actively seeking opportunities to acquire dental practices across Canada. “This capital infusion will enable us to strengthen our position in the dental industry and continue our mission to provide superior patient care while ensuring dental professionals have the resources, they need to thrive”, comments MCA CEO, Ken Craig.

MCA is committed to leveraging this investment to foster growth, drive innovation, and enhance the quality of services offered within the DSO sector. This renewed collaboration with PCP signifies the next chapter in MCA’s journey, promising a future complete with opportunities, advancements, and sustained success.

“PCP is thrilled to continue supporting the growth of MCA, which has successfully grown into one of Canada’s leading dental platforms,” said John Trang, Partner at PCP and Chairman of MCA. “We are proud to continue our partnership with one of our best performing investments and look forward to supporting its future success.” 

“We are immensely grateful for the trust and confidence that PCP has placed in MCA,” said Craig. “Together, we look forward to a bright future of growth, innovation, and excellence in dental care”.

About Persistence Capital Partners

Persistence Capital Partners is Canada’s leading private equity fund exclusively focused on high-growth opportunities in the healthcare field. With deep healthcare industry expertise, PCP aims to create significant long-term capital appreciation for its investors by identifying and developing attractive investment opportunities in the healthcare market. PCP has offices in Toronto and Montreal.  Additional information on PCP is available at www.persistencecapital.com.

About MCA Dental Group:

MCA Dental Group is a leading Dental Support Organization committed to providing outstanding support to dental practices. Our goal is to establish the most extensive and successful network of dental practices in Canada, prioritizing patient satisfaction and employee engagement. With a focus on excellence, innovation, and collaboration, MCA Dental Group is dedicated to transforming the dental experience for practitioners and patients alike. Learn more at www.mcadental.com

For inquiries and further information, please contact: 

Ashley Walton
Director of Partnership Development
MCA Dental Group
awalton@mcadental.com
416.475.2702

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