Westlake Village-dependent staff positive aspects company Warner Pacific announced Thursday the acquisition of Beta Health’s commercial dental wellness platform, marking Warner’s first acquisition given that moving into a strategic partnership with private fairness business Lovell Minnick Associates in January.
Prior to the acquisition, Beta Well being was a provider of group voluntary and contributory dental, vision, existence and incapacity merchandise in Colorado. Beta Health and fitness has expanded from a singular product line in the very last 26 a long time to supply a assortment of dental and eyesight strategies by means of national carrier partnerships.
“Over the many years, we have viewed firsthand the value that Beta Health’s dental wellness platform can supply by its longstanding business interactions,” John Nelson, co-chief government of Warner Pacific, said in a assertion. “By combining Warner Pacific’s complementary promoting capabilities with Beta Health’s preexisting commercialized platform, we’re self-assured that we can produce even increased value for the marketplace we serve.”
The acquisition will enable Warner to pair item offerings with a Beta Health and fitness dental cost savings approach according to co-chief government Dave Nelson, who included that brokers will be in a position to give even far more substantial price savings to clientele.
Warner currently serves a lot more than 50,000 employers and has more than $4.2 billion of in-power premium. It is also staffed by additional than 300 personnel with spots in California, Colorado and Texas.
“We’ve viewed Warner Pacific’s development for lots of several years and have regarded them to not only be deeply experienced leaders in the personnel added benefits house but a organization whose values align with our possess,” Mark Thompson, president of Beta Wellness, said in a assertion.