dentalcorp Announces Leadership Changes

TORONTO--(BUSINESS WIRE)--dentalcorp Holdings Ltd. (“dentalcorp” or the “Company”) (TSX: DNTL), Canada’s largest and one of North America’s fastest-growing networks of dental practices, today announced that its President, Guy Amini, is stepping down effective immediately. Mr. Amini’s day-to-day responsibilities will be assumed by dentalcorp’s Chief Executive Officer and Chairman, Graham Rosenberg, and Chief Financial Officer, Nate Tchaplia.

“On behalf of everyone at dentalcorp, I want to thank Guy for his leadership and dedication in his various roles with dentalcorp over the past 10 years. We wish him all the best in his future endeavours,” said Mr. Rosenberg.

The Company also announced the immediate appointment of Kevin Mosher as a Director, succeeding Gino Volpacchio, who has resigned from his position. Mr. Volpacchio was nominated as a Director by an affiliate of LCatterton.

Mr. Mosher has more than 20 years of experience in the dental and medical technology industries, most recently as Chairman of ClearChoice Management Services (“ClearChoice”) where he also served as Chief Executive Officer for nearly a decade. Under Mr. Mosher’s leadership, ClearChoice grew into the largest provider of dental implants in North America, ultimately being acquired by The Aspen Group for over a billion US dollars. Prior to his tenure at ClearChoice, Mr. Mosher held a series of executive positions at companies including DFINE Inc. (2009-2013) and Nobel Biocare (2004-2009). Mr. Mosher holds a Bachelor of Science degree in Applied Sciences from the United States Naval Academy.

Mr. Rosenberg added, “Kevin’s extensive industry experience will be invaluable to dentalcorp as we continue to strengthen our leadership team to support our growth ambitions. I would also like to take this opportunity to thank Gino for his contributions pre- and post-IPO.”

About dentalcorp

dentalcorp is Canada's largest and one of North America's fastest growing networks of dental practices, committed to advancing the overall well-being of Canadians by delivering the best clinical outcomes and unforgettable experiences. dentalcorp acquires leading dental practices, uniting its network in a common goal: to be Canada's most trusted healthcare network. Leveraging its industry-leading technology, know-how and scale, dentalcorp offers professionals the unique opportunity to retain their clinical autonomy while unlocking their potential for future growth. To learn more, visit dentalcorp.ca.

Forward-looking information

Forward-looking information includes, but is not limited to, statements about the Company’s beliefs, plans, expectations, anticipations, estimates, or intentions. Forward-looking information includes words like could, expect, may, anticipate, assume, believe, intend, estimate, plan, project, guidance, outlook, target, and similar expressions suggesting future outcomes or events. The forward-looking information in this news release includes, but is not limited to, our expectations regarding the impact of the personnel changes described in this news release. Readers are cautioned that actual results may vary materially from those described above.

Forward-looking statements are necessarily based upon management’s perceptions of historical trends, current conditions and expected future developments, as well as a number of specific factors and assumptions that, while considered reasonable by management as of the date on which the statements are made, are inherently subject to significant business, economic and competitive uncertainties and contingencies which could result in actions, events, conditions, results, performance or achievements to be materially different from those projected in the forward-looking statements.

Actual results may differ materially from those anticipated in the forward-looking information as a result of known and unknown risk factors, many of which are beyond the control of the Company. Such risks include, but are not limited to, the factors described in “Risk Factors” in our AIF and MD&A. Accordingly, we warn readers to exercise caution when considering statements containing forward-looking information and caution them that it would be unreasonable to rely on such statements as creating legal rights regarding the Company’s future results or plans. We are under no obligation (and we expressly disclaim any such obligation) to update or alter any statements containing forward-looking information or the factors or assumptions underlying them, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. All of the forward-looking information in this news release is qualified by the cautionary statements herein.