4 December 2009 β LawFuel.com β Slaughter and May advised Palamon Capital Partners, who through ADP Primary Care Holdings Limited, has acquired Associated Dental Practices from the administrators of Kaupthing Capital Partners and the management in a transaction valued at Β£136 million. Palamon is investing alongside co-investors, AlpInvest Partners, Morgan Stanley Alternative Investment Partners and LDC.
The transaction, which was announced on 1 December 2009, also involved refinancing the business with a senior debt package provided by Lloyds TSB Corporate Markets Acquisition Finance and Royal Bank of Scotland.