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Aspen Dental to get new debt financing for ClearChoice purchase
By Sara Rosenberg
New York, Nov. 16 – Aspen Dental Management plans on getting new debt financing to fund its acquisition of ClearChoice Management Services from Sun Capital Partners Inc., according to a market source.
RBC Capital Markets, J.P. Morgan Securities LLC, Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC are the leads on the debt.
Closing is expected by the end of the year, subject to regulatory and other customary conditions.
Aspen Dental is an East Syracuse, N.Y.-based dental support organization. ClearChoice is a provider of administrative practice management services to the network of ClearChoice Dental Implant Centers.
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