M&A Deal Summary

Patterson Companies Acquires Advanced Practice Systems

On November 5, 2007, Patterson Companies acquired life science company Advanced Practice Systems from Ropart Asset Management

Acquisition Highlights
  • This is Patterson Companies’ 1st transaction in the Life Science sector.
  • This is Patterson Companies’ 5th transaction in the United States.
  • This is Patterson Companies’ 2nd transaction in Illinois.

M&A Deal Summary

Date 2007-11-05
Target Advanced Practice Systems
Sector Life Science
Buyer(s) Patterson Companies
Sellers(s) Ropart Asset Management
Deal Type Add-on Acquisition

Target

Advanced Practice Systems

Effingham, Illinois, United States
Advanced Practice Systems (known in the marketplace as PTOS Software is the leader in the physical therapy practice management software industry. APS provides computerized billing and office management software to over 3,500 therapy practices and rehabilitation agencies across the U.S. In addition to billing, the company’s software facilitates management report production, scheduling, documentation, accounting, and customer support.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Patterson Companies

St. Paul, Minnesota, United States

Category Company
Founded 1877
Sector Distribution
Employees7,800
Revenue 6.6B USD (2024)
DESCRIPTION
Patterson Companies' corporate headquarters in St. Paul, Minnesota.
Patterson Companies' corporate headquarters in St. Paul, Minnesota.

Patterson Companies is a specialty distributor serving the dental, veterinary, and rehabilitation supply markets. Patterson's largest business unit is Patterson Dental. The company supplies to dentists, dental laboratories, institutions, and other healthcare professionals. It provides consumable products (including x-ray film, restorative materials, hand instruments, and sterilization products); basic and advanced technology dental equipment; practice management and clinical software; patient education systems; and office forms and stationery. Patterson Companies was founded in 1877 and is based in St. Paul, Minnesota.


DEAL STATS #
Overall 5 of 24
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 15
State: Illinois M&A 2 of 2
Country: United States M&A 5 of 18
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-11 CAESY Education Systems

Vancouver, Washington, United States

CAESY Ecucation Systems, a Patterson Company, is the premiere provider of patient education. Our production facility is located in Vancouver, WA.CAESY provides dental practices with a range of communications media that educate patients about professional dental care, procedures and treatment alternatives. Through recordable CD/DVD media, computer programs and the dentist's web site, educational material is communicated in the dental waiting room, at chair side in the operatory and in the patient's home.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-01 Leventhal & Sons

Scranton, Pennsylvania, United States

Leventhal & Sons, Inc., the acquired dental distributor, has annual sales of approximately $18 million. Headquartered in Scranton, Pennsylvania, the company serves customers in Pennsylvania, New Jersey, New York, Delaware, and Maryland.

Buy -

Seller(S) 1

SELLER

Ropart Asset Management

Greenwich, Connecticut, United States

Investor


Category Private Equity Firm
Founded 2001
Size Small
Type Sector Agnostic
DESCRIPTION

Ropart Asset Management (RAM) is a private equity firm that provides both debt and equity capital to small and middle market companies. RAM segments its investment activity between platform investments, mezzanine situations, and growth capital financings. For platform investments, RAM requires control and targets generally targets businesses with recurring revenue ($10 to $150 million) and clear opportunities for value-added change. The Firm generally looks to invest $3 to $15 million in businesses valued up to $100 million. Areas of interest include business services, industrial services, direct marketing, software/technology, consumer products, value-added distributions, infrastructure/logistics, human capital, hobbies/crafts, franchisors, financial services and healthcare services. Ropart Asset Management was founded in 2001 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 6 of 16
Sector: Life Science M&A 1 of 2
Type: Add-on Acquisition M&A Deals 5 of 15
State: Illinois M&A 1 of 1
Country: United States M&A 6 of 16
Year: 2007 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-01 Dimensions Holdings

Reading, Pennsylvania, United States

Dimensions is a leading designer, producer, and distributor of premium quality craft and hobby products for adults and children. Based in Reading, Pennsylvania, the company participates in the large, fragmented, steady-growth craft and hobby industry. Dimensions’ offering includes needlecraft, paint-by-number, kid’s activity beading, rubber stamping, scrapbooking, and card making products, most of which are sold in kits or marketed in coordinated themes.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-06 Protein Sciences

Meriden, Connecticut, United States

Protein Sciences Corporation (PSC) is a vaccine company that is dedicated to the development and commercialization of vaccines and biopharmaceuticals. PSC uses its patented baculovirus expression vector system (BEVS) manufacturing technology to make the next generation of safer and more effective human and veterinary vaccines, therapeutics and diagnostics. In addition, PSC provides product development and contract manufacturing services, as well as research products for the scientific community.

Sell -