Announced
Completed
Financials
Tags
hospital
healthcare
Majority
Friendly
United States
Acquisition
Cross Border
Private
oral healthcare
Single Bidder
Medical Services
Private Equity
Completed
Synopsis
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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