JLL Partners, a New York-based private equity investment firm, has completed its acquisition of American Dental Partners.
American Dental is now privately held and will no longer be listed on Nasdaq after the closing of the market on February 9, 2012.
As a result of the acquisition, the holders of American Dental Partners' outstanding common shares will receive $19 per share in cash. The total enterprise value for the company, including outstanding indebtedness, as of the closing date is $392 million.
