Henry Schein reaches agreement to purchase The Dentists Supply Company
The Dentists Supply Company Powered by Henry Schein will launch in late October.
Henry Schein has reached an agreement to purchase The Dentists Supply Company (TDSC), the company announced in a press release this week.
TDSC Powered by Henry Schein will launch later this month and will continue to offer low pricing and expand its offerings for dental supplies and small equipment to dental association members.
TDSC was launched in 2017 as a subsidiary of the California Dental Association (CDA) as an e-commerce site that offers practices access to negotiated savings on dental supplies for members of organized dentistry. TDSC serves members of all 50 state dental associations.
“We’re proud of TDSC’s growth since its inception to help members of organized dentistry remain competitive in a challenging practice environment,” said Walt Weber, DDS, chair of TDSC’s Board of Directors. “We’re excited to join Henry Schein, as it will expand TDSC’s value proposition to our members.”
Henry Schein now has a majority share of the newly formed operating company, TDSC, Inc., and the CDA owns an interest. The new company will form an advisory council, which will include key stakeholders from each organization, dental association leaders, and practicing clinicians to provide insights and guidance to the operating team and board of directors.
“We are most enthusiastic to partner with TDSC, a company that shares Henry Schein’s commitment to helping dental practices operate more efficiently so practitioners can focus on the quality of care delivered,” said Stanley M. Bergman, chairman of the board and CEO of Henry Schein. “Our two organizations are well-aligned in our key values, including supporting the dental profession and the next generation of dentists, as well as promoting the connection between oral health and overall health. Henry Schein’s full-service distribution model, coupled with TDSC’s strategy, will offer dental association members the options the profession seeks when choosing to purchase dental supplies and small equipment for their practices. We look forward to welcoming our new colleagues from TDSC to Team Schein.”
Dentists purchasing supplies through TDSC will continue to benefit from online ordering and low pricing, as well as an expanded product portfolio and faster delivery services. Henry Schein also plans to offer a set of branded merchandise, as well as Henry Schein corporate branded products to TDSC customers.
For more information, visit tdsc.com or henryschein.com.
