Henry Schein, Inc. (NasdaqGS: HSIC) acquired 70% stake in eAssist Dental Solutions, Inc.
June 09, 2021
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Henry Schein, Inc. (NasdaqGS: HSIC) acquired 70% stake in eAssist Dental Solutions, Inc. on June 10, 2021. In 2020, eAssist reported revenue of approximately $31 million. James Anderson, Founder of eAssist will continue to manage the eAssist business as Chief Executive Officer, along with the current eAssist management team. Henry Schein expects that eAssist will be slightly dilutive to the Company’s 2021 financial results and to be accretive thereafter.
Henry Schein, Inc. (NasdaqGS: HSIC) completed the acquisition of 70% stake in eAssist Dental Solutions, Inc. on June 10, 2021.
Henry Schein, Inc. specializes in the distribution of care products and services intended for health professionals (doctors, surgeons, dentists, veterinary laboratories and clinics). Net sales break down by activity as follows:
- distribution of health care products and equipment (93.5%): dental products and equipment (65.4% of net sales; consumable products, laboratory equipment, print materials, implants, anesthetics, etc.) and medical equipment (34.6%; medicines, vaccines, vitamins, surgical material, diagnostic tests, etc.);
- other (6.5%): sale and integration of management software, financial, training, maintenance and equipment repair services.
The United States account for 69.9% of net sales.Henry Schein, Inc. specializes in the distribution of care products and services intended for health professionals (doctors, surgeons, dentists, veterinary laboratories and clinics). Net sales break down by activity as follows:
- distribution of health care products and equipment (93.5%): dental products and equipment (65.4% of net sales; consumable products, laboratory equipment, print materials, implants, anesthetics, etc.) and medical equipment (34.6%; medicines, vaccines, vitamins, surgical material, diagnostic tests, etc.);
- other (6.5%): sale and integration of management software, financial, training, maintenance and equipment repair services.
The United States account for 69.9% of net sales.