trending Market Intelligence /marketintelligence/en/news-insights/trending/n3dldtvizh7kdhnrydtrjq2 content esgSubNav
In This List

Australian dental network Smiles Inclusive closes IPO

Blog

A Pharmaceutical Company Capitalizes on M&A Activity with Brokerage Research

Blog

2021 Year in Review: Highlighting Key Investment Banking Trends

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Global M&A By the Numbers: Q3 2021


Australian dental network Smiles Inclusive closes IPO

Australian dental network Smiles Inclusive Ltd. closed its A$35 million IPO.

Company shares began trading on ASX on April 27. Prior to the listing, the company completed 49 of the 52 acquisitions in its initial portfolio, and plans to integrate the portfolio under the brand Totally Smiles.

Smiles Inclusive said the total acquisition price for the 52 practices is about A$66 million, with the vendors re-investing about A$21 million to become joint venture partners.

Further, Smiles Inclusive signed a binding agreement to acquire Indooroopilly Dental Centre in Brisbane, Queensland for a consideration between A$3.0 million and A$3.5 million. The transaction is subject to due diligence and other conditions and is expected to close within two weeks of listing.