Halifax, NS: We are pleased to announce that Hallmark Dental Laboratories (Hallmark) has sold a significant interest in the company to Calgary-based private equity firm Equicapita, via its Canadian Dental Laboratories Limited Partnership (Canadian Dental Labs). Hallmark provides Canadian Dental Labs with a leading market position in its third major Canadian market, alongside Protec Dental (British Columbia) and Shaw Lab Group (Ontario). Hallmark was represented in the acquisition by Confederation M&A. Hallmark, located in Halifax NS (HQ) and St. John’s NFLD, was founded by current President & CEO Christian Hall’s father William Hall in 1981. Hallmark is Atlantic Canada’s largest dental laboratory, serving over 500 dentists with a long-standing reputation of technical leadership, customer service and education.
Christian Hall, along with his partners Shannon LeBlanc (COO) and brother Mark Hall (CFO) will stay on in their roles having retained an ownership stake in the company.
"We are very excited to be joining Canadian Dental Labs. As Atlantic Canada's market leader, Hallmark Dental recognized that Canadian Dental Labs was the ideal strategic partner to provide the opportunity to not only continue but build on our existing legacy of outstanding customer service, continuous improvement, and technology leaders for the last 42 years. We feel a strong alignment with Canadian Dental Labs commitment to innovation, high-quality products and services and a people first culture. It is truly an honour to have Shaw and Protec as partners with Hallmark under the Canadian Dental Labs umbrella. This partnership helps solidify Canadian Dental Labs as Canada's leading dental lab group and we are very excited for the value it will add for our clients and patients. The entire management team and I are enthusiastic for the next stage of the company, and a continued growth path for the future" Christian Hall, President & CEO of Hallmark
For Canadian Dental Labs, the strategic partnership with Hallmark represents a critical milestone in the journey towards building a Canada wide, premium dental laboratory platform.
"I am thrilled to partner with Hallmark, as their culture, geographical location, exceptional customer service, and strong reputation align seamlessly with our mission, vision, and values. Collaborating with Christian Hall and the incredible Hallmark team fills me with genuine excitement. Together, we are poised to make a profound impact in our industry.", Ali Rezaei, President & CEO, Canadian Dental Labs.
The sale was effective July 10th, 2023.
Confederation M&A is a team of highly experienced mergers & acquisitions advisors with offices in Prince Edward Island, New Brunswick, Nova Scotia and Ontario. They’re the leading M&A firm in the region serving a diverse range of clients across a wide range of industries. They work confidentially and in unison with accounting, valuation, and tax specialists to find the best possible solutions to help entrepreneurs achieve their buying and selling needs. Visit www.confederationgroup.ca to learn more.
Strategic Advisor, Confederation M&A
Telephone: (902) 222-6507