Premier Dental Holdings Inc. said it has completed a previously announced acquisition of Access Dental Services and South Texas Dental from the Guardian Life Insurance Company of America.
Premier Dental is getting a dental service organization, or DSO, that provides support services for 63 dental offices in Texas, California and Alabama.
(Related: Principal Financial In Deal With Western Dental)
Premier Dental and Guardian closed on the deal Dec. 31, 2018.
The companies are not talking about how much Premier Dental paid for the DSO.
S&P Global Ratings said in a comment on the deal in December that Premier Dental took out a $145 million term loan to pay for the deal.
The Buyer
Premier Dental is the Orange, California-based parent of Western Dental Services.
New Mountain Capital, a New York-based private equity company, acquired Premier Dental in 2012.
Premier Dental and a sister company, Brident, have been supporting 249 dental offices in five states. Western Digital and Brident operate have been operating in Nevada, as well as in Arizona, California and Texas.