Westlake Village-dependent personnel advantages company Warner Pacific announced Thursday the acquisition of Beta Health’s industrial dental wellbeing platform, marking Warner’s to start with acquisition given that moving into a strategic partnership with private fairness firm Lovell Minnick Associates in January.
Prior to the acquisition, Beta Health was a supplier of team voluntary and contributory dental, vision, daily life and incapacity goods in Colorado. Beta Well being has expanded from a singular products line in the past 26 yrs to present a selection of dental and eyesight plans via countrywide carrier partnerships.
“Over the decades, we’ve seen firsthand the worth that Beta Health’s dental overall health system can deliver by its longstanding sector relationships,” John Nelson, co-main government of Warner Pacific, mentioned in a statement. “By combining Warner Pacific’s complementary marketing capabilities with Beta Health’s preexisting commercialized system, we’re self-confident that we can generate even better benefit for the marketplace we serve.”
The acquisition will allow Warner to pair products choices with a Beta Well being dental savings approach in accordance to co-main government Dave Nelson, who additional that brokers will be able to give even much more sizeable personal savings to clients.
Warner at the moment serves much more than 50,000 businesses and has more than $4.2 billion of in-power high quality. It is also staffed by a lot more than 300 staff members with spots in California, Colorado and Texas.
“We’ve viewed Warner Pacific’s development for quite a few a long time and have acknowledged them to not only be deeply professional leaders in the staff positive aspects place but a firm whose values align with our possess,” Mark Thompson, president of Beta Well being, stated in a assertion.