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New Deal


Announced

Henry Schein completed the acquisition of a majority stake in Large Practice Sales.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

dental practice services

Acquisition

Private

Completed

Single Bidder

Health Care Services

Domestic

Majority

Friendly

Synopsis

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Henry Schein, a provider of health care products and solutions to office-based dental and medical practitioners, completed the acquisition of a majority stake in Large Practice Sales, an advisor to independent dental practices on their sale or partnership with larger general practice and dental specialists. Financial terms were not disclosed. “LPS is complementary to our existing Dental Practice Transition business and commitment to provide value-added services to our customers. For many years, we have had a successful practice transitions group dedicated to assisting smaller and mid-sized dental practices. By combining our expertise, we can effectively meet the needs of a broader range of dental professionals and ensure their success throughout the transition process," Stanley M. Bergman, Henry Schein Chairman of the Board and Chief Executive Officer.

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