Henry Schein Acquires Majority Interest in Large Practice Sales LLC

Lovell Minnick Partners Acquires Majority Stake in S&S Health

October 5, 2023

Healthcare Services

Lovell Minnick Partners (LMP) has made a majority growth investment in S&S Health, a Cincinnati-based provider of administration and technology solutions for health plans serving small and mid-sized employers. The partnership is intended to accelerate S&S Health’s organic growth, enhance operational efficiency, and expand its technology-enabled benefits administration capabilities; terms were not disclosed and the transaction was expected to close in Q4 2023.

PracticeTek Acquires Integrated Practice Solutions (IPS)

September 5, 2023

Healthcare Services

PracticeTek has merged with Integrated Practice Solutions (IPS), with the combined business retaining the PracticeTek brand and Lightyear Capital remaining the majority owner. Greater Sum Ventures will continue its investment, Waud Capital is reinvesting as a minority investor, and IPS CEO George Ahn will lead the combined company as CEO to expand PracticeTek's retail healthcare software and payments platform.

Henry Schein One Acquires Lighthouse 360 from Web.com

March 18, 2019

Dental

Henry Schein One, a joint venture led by Henry Schein, acquired Lighthouse 360 from Web.com. Lighthouse 360 is a Sugar Hill, Georgia–based provider of dental practice management and patient communication software that serves more than 11,000 dental practices and has nearly 150 employees; financial terms were not disclosed.

Lindsay Goldberg Completes Majority Investment in Lightwave Dental

July 5, 2023

Dental

Affiliates of Lindsay Goldberg completed a majority investment in Lightwave Dental, partnering with Lightwave Founder and CEO Justin Jory to support the company's next stage of growth. The investment (size undisclosed) and a senior credit facility arranged by Monroe Capital will fund Lightwave's expansion of offices and affiliations across the Mid-Atlantic.

Henry Schein Acquires Majority Interest in Shield Healthcare

October 17, 2023

Healthcare Services

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.

Young Innovations Acquires Medical Purchasing Solutions

February 21, 2022

Dental

Young Innovations, a portfolio company of The Jordan Company, has acquired Medical Purchasing Solutions (MPS), a Scottsdale-based supplier of pharmaceuticals and surgical supplies focused on oral surgery and dental implant markets. The deal adds MPS's product portfolio and customer relationships serving oral surgeons and periodontists to Young Innovations' dental supply platform and will keep MPS co-CEOs in leadership roles.