Dental-service group hires turnaround adviser for restructuring
Affordable Care, one of the nation’s largest dental-service organizations, has hired restructuring advisers from AlixPartners for advice, according to people with knowledge of the situation. The group, which faces an uncertain economic outlook that has been curbing consumer spending, has been struggling to service debt stemming from a 2021 leveraged buyout by private-equity firm Harvest Partners that valued the business at about $2.7bn, the people said.
