Mercer Capital rendered a fairness opinion to Sharonville, Ohio-based DCP Holding Company (the parent company of The Dental Care Plus Group), which announced on March 14, 2019, that it had entered into a definitive merger agreement with Boston-based DentaQuest, LLC. The transaction is expected to close during the second or third quarter of 2019.
The Dental Care Plus Group is a leading provider of dental insurance to employers and individuals in the Midwest. DCPG’s dentist networks offer 246,000 provider locations nationwide to 380,000 members. Prior to the merger agreement, DentaQuest announced its plans of growth through strategic acquisitions and investments to drive change in the oral health industry. This agreement with DCPG is an important step in achieving that growth.
Mercer Capital has provided business valuation and financial advisory services to clients across the nation for more than 35 years. For more information, contact Barbara Walters Price (priceb@mercercapital.com).
The joint press release can be accessed here.
