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PE-target Pacific Smiles may extract rival proposal, sources say

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It is fangs out at Crescent Capital. Street Talk understands the healthcare-focused private equity firm is checking out in-play dental clinic operator Pacific Smiles.

Pacific Smiles has 120 dental clinics on the eastern seaboard. 

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/pe-target-pacific-smiles-may-extract-rival-proposal-sources-say-20240128-p5f0jp