09 Mar 2020

Dovetail Dental Software successfully concludes a capital raise led by Raymond Chabot Grant Thornton to support market expansion.

The current raise will allow the Company to accelerate sales, scale its operations and further expand its product offerings into other health and wellness verticals.

Founded in 2012, Dovetail is a division of Gaargle Solutions Inc., a North American-based provider of Software-as-a-Service (SaaS) solutions for the Health and Wellness sector. Since inception, the Company has made significant inroads into the dental space with the introduction of Dovetail, one of the world’s first truly 100% mobile, cloud-based dental practice management software.

While the Company continues to grow through its traditional acquisition channels, some of the large distribution deals and strategic partnerships it has secured in the past years have been fuelling its global expansion significantly.

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Dovetail concludes a capital raise to support market expansion

Dovetail empowers dental practices to work faster, smarter and more efficiently with its digital workflows designed by a dental surgeon and enables them to manage every aspect of their practice in one easy-to-use application accessible from any device. The Company has managed to differentiate itself in the competitive landscape with its elegant and fully customizable solution which is seamlessly implemented in dental practices. Patient engagement is at the core of the platform with tools designed to improve patient experience and help grow the practice.

“Raymond Chabot Grant Thornton is proud to support a digital company with an innovative vision for the health and wellness sector”, said Yasser Waly, Partner at Raymond Chabot Grant Thornton

In addition to the capital raise, the Company recently appointed Marie Eve Prevost as CEO and Bernard Prevost as CFO, co-founders of MissFresh, a Canadian-based online subscription meal kit delivery service. Started in 2015, they sold a 70% interest to Metro Inc. in 2017 and fully divested in December 2019 when it was acquired by meal kit competitor, Cook it.

“Dovetail has been successfully helping dentists around the world focus on what they do best while we take care of the rest. With an experienced, results-oriented management team in the digital space and the recent capital raise, we’re poised to accelerate our expansion plans and capitalize on new markets”, said Pietro Di Battista, Founder of Dovetail

Raymond Chabot Grant Thornton acted as the exclusive financial advisor to Gaargle.

To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our Corporate Finance team.

About Raymond Chabot Grant Thornton

Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures, debt and equity capital markets. We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities.

A Quebec and Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization, Raymond Chabot Grant Thornton boasts more than 2,800 professionals. Raymond Chabot Grant Thornton is a member company of Grant Thornton International and the Canadian counterpart of Grant Thornton LLP. Our global footprint spans across more than 140 countries with over 56,000 people who provide real insight, a fresh perspective and agility to keep clients moving ahead.

Deal team:

Yasser Waly, Partner
Mark Rossi, Partner

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06 Mar 2020

We are pleased to highlight the appointment of Johanne Quessy as Regional Vice-President of the Abitibi-Témiscamingue region, effective March 5, 2020.

A Chartered Professional Accountant (CPA, CA) and tax specialist with our firm since 1994, Johanne Quessy became a Partner in 1998. She also sat on the Partnership Board from 2016 to 2019.

During her career, she has been involved with numerous organizations in her region, such as the Corporation de développement industriel et commercial de Val-d’Or, initially as a director, then Chair.

Johanne is the first woman to take on the role of Regional Vice-President and we are delighted with her appointment. “Our journey is inspiring and I look forward to our future.”

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06 Mar 2020

Boosted by its leadership position and the acquisition of Morin Cadieux SENC in the fall of 2018, our firm announces the expansion of its offices on Bellefeuille Street in Trois-Rivières.

Expanding from 9,000 sq. ft. to 14,500 sq. ft., the premises now allow us to offer our clients and Saint-Joseph Street staff access to a more innovative environment and to consolidate the work teams located in two offices since the acquisition.

Some twenty employees now join the thirty or so partners and employees whose ambition, know-how and professionalism contribute to our clients’ success and our teams’ mobilization.

The completion of this project is a source of collective pride for the employees of our Trois-Rivières office.

Magalie Lebel-Lemire, Partner and Assurance Leader in the region said, “They place their trust in us, inspire us to excel and, through their entrepreneurial spirit, leave their mark on the history and growth of our dynamic region. We share a constant desire to strive for quality, innovation and excellence.”

François Dupuis, Trois-Rivières office Managing Partner added, “The diversity of the services we offer, our organizational structure adapted to local markets and the extent of our presence in the Nicolet and Mauricie community attest to our deep desire to support the region’s entrepreneurs and encourage the attraction and retention of talent. Our new two-storey work environment and access to a wide range of expertise are part of our pursuit of this important objective, as well as our desire to offer some fifty employees a motivating and unifying work environment.”

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05 Mar 2020

We are pleased to announce that the prestigious title of Fellow (FCPA) of the Ordre des comptables professionnels agréés du Québec has been awarded to Rémi Fortin, Managing Partner of our Beauce offices.

This recognition is a testament to his effective leadership and remarkable professionalism. From his early days with our firm in 1994, as a manager in the Saint-Georges office, he was responsible for managing the Saint-Éphrem-de-Beauce office, where he demonstrated his business development skills and ability to build relationships of trust with the local community.

Named Partner in 2005, in 2015 Rémi Fortin was entrusted with the role of Managing Partner of the Beauce offices. Since then, he has proudly represented the six Beauce offices on the region’s management committee.

He continues to assert his brand as a positive leader of our organization in the Beauce region. To this end, he pursues numerous community commitments. His understanding of local issues makes Rémi a seasoned business advisor, tuned in to the local situation and focused on achieving the objectives of our clients and our organization.

Rémi Fortin was also recognized for his contribution to the community and the accounting profession was recognized in 2017, when he was awarded the title CPA Émérite Chaudière-Appalaches et Québec.

In 2019, he received the Ordre du mérite georgien, the highest honour bestowed by the City of Saint-Georges.

Congratulations to Rémi Fortin for his exemplary contribution to the development and advancement of our profession!