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May 22, 2014
10:29 EDTPDCOPatterson Companies sees FY15 market conditions similar to FY14
For 2015, the company enters the year with a conservative view of its markets due to the relatively mixed performances in global economies. Comments made on the company Q4 earnings conference call.
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December 15, 2014
11:04 EDTPDCOPatterson Companies to acquire Holt Dental Supply; financial terms not disclosed
Patterson Companies announced that the company has agreed to acquire Holt Dental Supply, a regional dental supply company located near Milwaukee, Wisconsin. Holt Dental serves dental practices in Wisconsin, Illinois, Minnesota, Missouri, Michigan and Indiana. The acquisition will help accelerate Patterson Dentalís local reach and deepen its Midwest influence. Holt Dentalís sales were approximately $15M in 2013, and the transaction is expected to be modestly accretive in its first year. Paul Holt has led his organization for 16 years and brings significant industry expertise in leading Holt Dentalís group of 40 employees. He and the Holt Dental staff will join Patterson Dental, with Paul Holt becoming a district manager. No additional terms of the transaction were disclosed.

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