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New Deal


Announced

Completed

Sun Life completed the acquisition of DentaQuest from CareQuest and Centerbridge for $2.475bn.

Financials

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Transaction Value£1,826m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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hospital

healthcare

Majority

Friendly

United States

Acquisition

Cross Border

Private

oral healthcare

Single Bidder

Medical Services

Private Equity

Completed

Synopsis

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Sun Life, an international financial services organization providing insurance, wealth and asset management solutions, completed the acquisition of DentaQuest, a purpose-driven oral health care company, from CareQuest and Centerbridge for $2.475bn. "We're excited about the acquisition of DentaQuest and expanding our leadership into the US dental benefits space. DentaQuest is a values-driven industry leader dedicated to improving oral health, with a focus on underserved populations and access to dental care. The addition of DentaQuest is consistent with our strategy to focus on health and group benefits in the US More importantly, it supports both our Purpose to help Clients achieve lifetime financial security and live healthier lives and our sustainability focus on improving health and wellness outcomes for all," Kevin Strain, Sun Life President and CEO.

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