Henry Schein acquires stake in Canadian software firm
Stanley M. Bergman
$10,837,206 yearly compensation change: 158.4%
Chief executive, chairman
Henry Schein Inc., Medical & dental supplies
Melville
1-yr total return on stock: 5.0%
Credit: Newsday/Thomas A. Ferrara, 2012
Henry Schein Inc., a Melville-based global distributor of medical products, Thursday said it had acquired a majority stake in a privately held dental software company based in Canada.
The company did not disclose terms of the deal to buy The Exan Group, whose executive management will retain a minority stake.
The software company, headquartered in Port Coquitlam, British Columbia, sells management programs to dental schools and general practices in the United States and Canada. During the last 12 months, Exan posted $11.7 million in sales.
Henry Schein, which reported $8.5 billion in revenue last year, is Long Island’s largest company, based on sales.
Pictured, Stanley M. Bergman, chief executive of Henry Schein Inc.
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