Ontario Teachers’ closes sale of Heartland Dental stake
Ontario Teachers’ Pension Plan has wrapped up its sale of a majority stake in Heartland Dental, a U.S. dental support organization, to KKR. No financial terms were disclosed for the transaction, which was announced last month. Ontario Teachers’, which acquired control of Effingham, Illinois-based Heartland Dental in 2012, reportedly for about US$1.3 billion, will retain a "sizeable" interest in the company. Ontario Teachers' Senior Managing Partner, Private Capital, Jane Rowe said her organization looks forward to "our continued partnership with Heartland Dental alongside KKR.”
30 April 2018•4 mins read
