Steris Sells Dental Segment to Peak Rock affiliate in $787M Deal

Austin, TX, April 19, 2024 (Lexology) -- Steris has entered into a contract to sell its dental division to private equity firm Peak Rock Capital for a total transaction value of $787.5 million. This sector, now operating as HuFriedyGroup, boasts a workforce of 1,500 individuals and focuses on producing dental equipment, infection control products, and anesthesia systems for patients. Notable brands falling under this segment include Hu-Friedy, Crosstex, Omnia, and Accutron. Steris aims to complete the transaction by the end of June.

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