Hallmark Dental Laboratories has sold a significant stake to Equicapita's Canadian Dental Laboratories, enhancing its market position and operational capabilities in Canada.
Information on the Target
Hallmark Dental Laboratories, based in Halifax, Nova Scotia, has been a cornerstone of the dental laboratory industry in Atlantic Canada since its inception in 1981 by William Hall. Under the leadership of his son, Christian Hall, who serves as President & CEO, Hallmark has established itself as the region's largest dental laboratory, catering to over 500 dentists. The company is recognized for its commitment to technical excellence, customer service, and educational initiatives.
Recently, Hallmark has sold a significant stake in the company to Calgary-based private equity firm Equicapita, through its Canadian Dental Laboratories Limited Partnership. This strategic move positions Hallmark within a competitive landscape alongside other major players, such as Protec Dental in British Columbia and Shaw Lab Group in Ontario.
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Industry Overview in Canada
The Canadian dental laboratory industry is characterized by its rapid growth and innovation, driven by advancements in dental technology and an increasing focus on patient-centered care. As more Canadians seek high-quality dental services, the demand for
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Canadian Dental Labs
invested in
Hallmark Dental Laboratories
in 2023
in a Strategic Partnership deal