Three Firms Lead Sun Life’s $2.48 Billion Buy of DentaQuest

Oct. 7, 2021, 10:56 AM UTC

Debevoise & Plimpton is advising Sun Life Financial Inc., Canada’s largest group-benefits company, on its agreement to buy U.S. dental-benefits provider DentaQuest for about $2.48 billion.

Ropes & Gray is advising Boston-based DentaQuest, which is being sold by its parent company, the CareQuest Institute for Oral Health.

Willkie Farr & Gallagher is representing private equity firm Centerbridge Partners LP, which will sell its minority stake in DentaQuest as part of the transaction, expected to close in 2022’s first half, according to a statement.

DentaQuest, founded in 2001, has more than 33 million customers in 36 states and about 2,400 employees. ...

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