Berkshire Partners to Buy Majority of Affordable Care Inc.
Posted Oct 28, 2015 in Industry News
Berkshire Partners LLC, a Boston-based investment firm, has entered into a definitive agreement to acquire a majority interest in Affordable Care, Inc. (“ACI”), alongside management, from American Capital Equity. ACI is the leading dental support organization for affiliated dental practices that focus exclusively on tooth replacement services. Terms of the transaction were not disclosed.
Headquartered in Raleigh, NC, ACI was founded in 1975 and is now the largest denture- and implant-services provider in the U.S., supporting a network of more than 200 affiliated practices in 39 states under the retail names Affordable Dentures and Affordable Dentures & Implants. The company’s affiliated practices offer a range of tooth replacement services including dentures, dental implants and tooth extractions. The company’s unique, highly focused business model enables dentists to provide high-quality, low-price dental prostheses and same-day service to over 400,000...