Linklaters advises Ontario Teachers’ Pension Plan Board on its acquisition of DONTE GROUP

Linklaters has advised 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 deal values the company at more than €1bn.

The investment Linklaters facilitated reflects Ontario Teachers’ conviction in DONTE GROUP as a sector-leading platform with high quality service and brands, a first-class management team and a significant runway for growth, including through organic expansion, new clinic openings and selective acquisitions. Through this deal Ontario Teachers’ offers the DONTE GROUP access to long-term, flexible capital and considerable expertise in building and growing specialist dental and healthcare services companies in the USA, Europe and Asia. DONTE GROUP will become part of Ontario Teachers’ CAD$6bn global healthcare portfolio, which includes Heartland Dental, PhyNet, Veonet and NVISION.

The Linklaters cross-border and multi practice team was led by Corporate Partner Esteban Arza and Corporate Counsel Elena Rodriguez in Madrid, and Corporate Partners Ben Rodham and Genna Marten with Leveraged Finance Partner Oliver Sceales from London. The expert practice areas included Corporate, Private Equity, Banking, Tax, Employment & Incentives, TMT/IP and AFIG.