Peak Rock Capital, a private equity firm, agreed to acquire HuFriedyGroup, a dental instrument manufacturing company, from STERIS, a medical equipment company, for $800m. “Since acquiring our Dental segment through the Cantel acquisition, we have focused on deploying lean manufacturing methods to drive operating efficiencies. We have been impressed with the strength of the team, their willingness to adopt lean philosophies, and the leadership position the business has with Customers. After a thorough review of strategic alternatives, we have decided to divest our Dental segment to allow us to focus on our Customers within our core markets in healthcare, pharma and MedTech who can most benefit from our full portfolio of products and services. We are confident this business will do well with the investment and support of Peak Rock Capital,” Dan Carestio, STERIS President and CEO.