Dental Boutique’s founders are ready to flash their pearly whites at growth-minded private equity firms, after spending more than a year preparing the national chain for sale.
Morgan Stanley this week started reaching out to potential bidders, telling them to think about $40 million in earnings before interest, tax, depreciation, and amortisation next financial year. That’s up from $35 million, and the company wants a price tag north of $500 million.
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