Henry Schein acquires majority interest in Large Practice Sales LLC, no terms

Henry Schein announced the acquisition of a majority ownership interest in Large Practice Sales LLC, an advisor to independent dental practices on their sale or partnership with larger general practice and dental specialists. Headquartered in Irving, Texas, LPS had 2022 net sales of approximately $40M. Henry Schein expects the LPS transaction to be neutral to 2023 non-GAAP diluted earnings per share and accretive thereafter. Financial terms were not disclosed.