Carlyle raises £350m for dental group merger
Private equity firm Carlyle’s buy-out of Integrated Dental Holdings (IDH) is to be financed by £354.5m loans underwritten by Bank of Ireland, ING, Lloyds and Société Générale. Carlyle will merge IDH with Associated Dental Practices (ADP), in partnership with Palamon Capital Partners. IDH’s owner Bank of America Merrill Lynch Capital Partners had put the firm up for sale in November. For more information, read EuroWeek this Friday.
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