Henry Schein, Internet Brands form joint venture

Henry Schein and online media and software services provider Internet Brands have created a joint venture to deliver integrated practice management and marketing technology to dental practices.

The new company, named Henry Schein One, incorporates both products and services from Henry Schein Practice Solutions, such as Dentrix, Dentrix Ascend, and Easy Dental, and Internet Brands' dental businesses, which include Demandforce, Sesame Communications, and DentalPlans.com.

The company's headquarters will be in American Fork, UT, and James Harding was named as the CEO, according to Henry Schein. He is currently the senior vice president and CEO of the Henry Schein Global Practice Solutions Group.

Financial terms were not disclosed, but Henry Schein will have a majority ownership stake. The transaction for the joint venture is expected to be completed in the second quarter of 2018.

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