Dominion Dental Services to gain 90,000 members in acquisition
Alexandria-based Dominion Dental Services expects to add 90,000 members with the acquisition of two dental health firms.
Dominion is acquiring DentaQuest Mid-Atlantic Inc. and DentaQuest Virginia Inc. from DentaQuest Management Inc. in a deal that is expected to close by the end of the year.
“This acquisition strongly supports Dominion’s strategy to be the leading benefits solution in
our Mid-Atlantic market,” Dominion President Mike Davis said in a statement.
Financial details of the transaction were not disclosed.
Dominion is a major provider and administrator of dental and vision benefits in the mid-Atlantic.
The new dental plan members are residents of Maryland, Virginia and Washington, D.C. Dominion currently serves 600,000 customers, including health plans, employer groups, municipalities, associations and individuals.
The Dominion group of companies includes Dominion Dental Services Inc., a licensed issuer of dental plans, and Dominion Dental Services USA Inc., a licensed administrator of dental and vision benefits.