Henry Schein To Acquire Majority Interest In Vetstreet

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Go back to Henry Schein To Acquire Majority Interest In Vetstreet

Henry Schein (HSIC) Will Take Majority Stake in VCA's (WOOF) Vetstreet

November 2, 2015 7:06 AM EST

Henry Schein (Nasdaq: HSIC) announced that it will acquire a majority interest in Vetstreet, Inc., a leading software as a service (SaaS) provider of marketing solutions and health information analytics to veterinary practices and animal health product manufacturers. Vetstreet had sales in 2014 of approximately $43 million.

Upon the closing of the transaction, which is expected early in 2016, Henry Schein Animal Health, the U.S. animal health business of Henry Schein, Inc., will own 80.1 percent of Vetstreet, and the remaining minority interest will continue to be owned by VCA Inc. (Nasdaq:... More