The Raleigh, NC based dental support organization, Affordable Care, Inc. has moved from one private equity company to another. Berkshire Partners has entered into an agreement to acquire the majority of Affordable Care. The remaining stake will remain under Affordable Care management control. American Capital’s investment in Affordable Care dates back to 2006.
Affordable Care, Inc. now has over 200 offices spread out across 39 states and operates under the name Affordable Dentures.
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Source: Private Equity – Dow Jones