Peloton Capital Management Invests C$75M in 123Dentist
June 27, 2019
Peloton Capital Management (PCM) invested C$75 million in 123Dentist to support the Canadian dental group's national expansion and to strengthen its back-office, marketing, and operational capabilities. The investment — PCM’s first deal following the first close of PCM Fund I (C$330M) — is structured with most capital upfront and an equity line of credit to support a buy-and-build growth strategy while preserving founder control.
- Buyers
- Peloton Capital Management
- Targets
- 123Dentist
- Industry
- Healthcare Services
- Location
- British Columbia, Canada
- Transaction Type
- Growth capital
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