Westlake Village-centered worker gains company Warner Pacific announced Thursday the acquisition of Beta Health’s commercial dental wellness platform, marking Warner’s initially acquisition due to the fact entering a strategic partnership with non-public fairness agency Lovell Minnick Partners in January.
Prior to the acquisition, Beta Wellness was a supplier of group voluntary and contributory dental, eyesight, daily life and incapacity items in Colorado. Beta Wellbeing has expanded from a singular product line in the final 26 years to provide a range of dental and eyesight plans by countrywide carrier partnerships.
“Over the decades, we’ve found firsthand the benefit that Beta Health’s dental overall health system can offer by its longstanding sector associations,” John Nelson, co-chief govt of Warner Pacific, mentioned in a assertion. “By combining Warner Pacific’s complementary internet marketing capabilities with Beta Health’s preexisting commercialized platform, we’re self-assured that we can generate even higher price for the market we provide.”
The acquisition will permit Warner to pair solution offerings with a Beta Wellness dental savings approach in accordance to co-chief govt Dave Nelson, who extra that brokers will be equipped to give even far more considerable financial savings to consumers.
Warner now serves far more than 50,000 employers and has much more than $4.2 billion of in-power quality. It is also staffed by a lot more than 300 workers with places in California, Colorado and Texas.
“We’ve viewed Warner Pacific’s expansion for lots of decades and have recognized them to not only be deeply seasoned leaders in the worker added benefits place but a enterprise whose values align with our possess,” Mark Thompson, president of Beta Wellness, said in a statement.