Affordable Care Completes Strategic Transaction to Strengthen Financial Foundation and Support Future Growth
Reduces total debt by $1.0 billion, creating a strong financial foundation for long-term growth
Secures $75 million of new capital and extends debt maturities to 2031 to support next phase of growth
Accelerates investments in supported practices, clinical excellence, and patient care
Affordable Care, LLC (“Affordable Care,” or the “Company”), one of the nation’s leading dental support organizations, today announced the successful completion of a recapitalization transaction that strengthens the Company’s financial foundation, significantly reduces debt by $1.0 billion, and positions Affordable Care for long-term growth.
