Henry Schein Acquires Majority Interest in Shield Healthcare
October 17, 2023
Henry Schein completed the acquisition of a majority interest in Shield Healthcare, a Valencia, California-based supplier of homecare medical products that had approximately $180 million in 2022 net sales. The current owners, including management, will retain a minority stake; financial terms were not disclosed and Henry Schein expects the deal to be neutral to 2023 non-GAAP EPS and accretive thereafter.
- Buyers
- Henry Schein, Inc.
- Targets
- Shield Healthcare, Inc.
- Sellers
- Current owners of Shield Healthcare (including members of management)
- Industry
- Healthcare Services
- Location
- California, United States
- Transaction Type
- Buyout
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