Processing timeline
25
days
Acquirer(s)
NDC AUSTRALIA PTY LIMITED ABN - 49 162 955 866
Target(s) or Vendor(s)
The Trustee for the Comfy Dental Trust ABN - 59 865 563 072
Other parties
NDC FINCO PTY LTD ABN - 14 654 149 818, NDC PROPERTY CO PTY LIMITED ABN - 68 163 264 097, NDC SERVICE CO PTY LIMITED ABN - 11 162 958 072, NDC HOLDCO PTY LTD ABN - 13 654 148 188, NATIONAL DENTAL CARE LIMITED ABN - 89 160 442 071
NDC HoldCo Pty Ltd, majority owned by Crescent Capital Partners funds, through NDC Australia Pty Limited, acquired 100% of the business assets of the Comfy Dental clinic from The Comfy Dental Trust. This dental services asset sale expands NDC's network, adding a clinic in Mandurah, Western Australia, where it already operates.
NDC HoldCo Pty Ltd (together with its subsidiaries, NDC), through its wholly-owned subsidiary, NDC Australia Pty Limited, proposes to acquire from the Comfy Dental Trust 100% of the business assets comprising the Comfy Dental Clinic (Comfy Dental). NDC is a dental services organisation that operates a network of dental clinics that provide a range of general dentistry services. NDC has dental clinics in all Australian states and territories except Tasmania. It has one existing dental clinic located in Mandurah, WA (DB Dental Mandurah). NDC is majority owned by funds managed by Crescent Capital Partners. Comfy Dental is a dental clinic located in Mandurah, WA that provides a range of general dentistry services.