Jun 18, 2026 – 12.07pmNational Dental Care, the private equity-backed dental roll-up which has grown to more than 100 clinics across Australia, is set to hit the auction block for the first time in more than a decade.Street Talk understands owner Crescent Capital Partners has hired Morgan Stanley to run a sale process. Sources told this column the appointment has been on foot for several months as bankers begin the early stages of preparation and put feelers out in the market.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.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Say aah: One of Australia’s largest dental networks is up for sale
Crescent Capital Partners has hired Morgan Stanley to sell National Dental Care after more than a decade of ownership, Street Talk can reveal.
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