#PrivateEquity @AltAssets New York-based JLL Partners acquires American Dental Partners

Private equity company JLL Partners has acquired US business support group American Dental Partners (ADP).




The deal involved £241m of financing, £80.3m of which was underwritten by bank holding company CTI Group.


ADP has now been removed from Nasdaq after becoming entirely privately held, with the holders of its outstanding common shares receiving $19 per share.


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