Debevoise & Plimpton LLP is advising LIBERTY Dental Plan Corporation (LIBERTY) in its sale of a majority stake in the company to Welsh, Carson, Anderson & Stowe (WCAS). This agreement with WCAS, will enable LIBERTY to expand into additional markets and serve a greater number of members. For more information, please read the company’s press release.
LIBERTY is a dental benefits administrator founded by dentists and health industry professionals in 2002. WCAS is a leading U.S. private equity firm focused on the technology and healthcare industries.
The Debevoise team is led by insurance M&A partners E. Drew Dutton and Nicholas Potter and includes counsel Robert Fettman, associates Douglas Kim, Kristen Matthews, and Brita Siepker and law clerk Thomas DeMarzo, M&A counsel Kim Le and associate Hannah Levine, tax partner Daniel Priest, associate Benjamin Lee and law clerk David Simpser, benefits partner Simone Hicks and associate Andrea Acosta and intellectual property associate Paisley Piasecki.