Equicapita Income Trust and Equicapita Income LP ("Equicapita") has announced the sale of Canadian Dental Labs ("CDL") effective July 2, 2026. The transaction represents the culmination of more than six years of effort to build Canada's leading premium dental laboratory platform through a roll-up strategy.
Building a National Platform
CDL partnered with its first regional laboratory in late 2018 and grew into the country's top premium dental laboratory network. The roll-up strategy, developed at Equicapita, has now been continued into Arvore Partners LP and Arvore Trust (together, "Arvore").
"We are incredibly proud of what CDL has become. We look forward to watching Ali Rezaei and the CDL team leverage the additional resources this Transaction brings to further expand the depth and breadth of the business," said Chad Dundas, Director of Omnigence.
Leadership and Future Plans
Ali Rezaei, President & CEO of Canadian Dental Labs, expressed gratitude to the team and partners. "Our team members, clients, suppliers, and industry relationships across the country have been instrumental in everything we have accomplished together, and we are grateful to Equicapita and Omnigence for their partnership and support. We look forward to continuing to grow the business, deepen our partnerships within the dental community, and further elevate the level of service, innovation, and support we provide to clinicians and patients across Canada."
Advisors and Legal Counsel
BMO Middle Market Mergers & Acquisitions and ATB Cormark Capital Markets served as financial advisors to Canadian Dental Laboratories and its shareholders on the transaction. Norton Rose Fulbright acted as legal advisor to CDL.
About the Companies
CDL is a market leader in the Canadian dental laboratory market. Arvore is a hybrid evergreen private equity fund focused on consolidating lower mid-market businesses across North America, targeting founder-led companies in building products, environmental services, diversified industries, civil security, master franchisors, and auto maintenance. Omnigence Corp. (d/b/a Omnigence Asset Management) is a Canadian alternative investment platform managing over $1 billion in platform assets, focusing on farmland, operational private equity, and secondaries.
