Wasn’t it this same union who invested heavily in some dental clinics in NY a few months ago? No, it was Ontario Municipal Employees’ Retirement System (OMERS )and GEDC Super Holdings Inc., who bought 170 Great Expressions dental clinics.
WOW, that’s two Canadian pension plans who are invested in American’s dental care to the tune of 545 dental clinics!! Is anyone concerned about this at all? Buehler?
I don’t see the words: sell, sold, bought, but rather “take control” in the Heartland take over. I’m told it is all about Heartland’s ESOP plan.
November 6, 2012
Reuters – Ontario Teachers Acquires Control of Heartland Dental
Ontario Teachers’ Pension Plan has agreed to take control of Heartland Dental Care Inc in a deal that values the US dental practice management firm at about $1.3 billion, writes Reuters. Ontario Teachers is buying a majority stake in Heartland, while founder and chief executive Rick Workman will retain a minority stake along with management and employees.
Reuters – Ontario Teachers’ Pension Plan said on Monday it has agreed to take control of Heartland Dental Care Inc in a deal that values the U.S. dental practice management firm at about $1.3 billion, according to a person familiar with the matter.
