St. Paul, Minn.-based Patterson Companies Inc. has agreed to acquire Waukesha-based Holt Dental Supply Inc.
Holt provides dental supplies and equipment to dental practices in Wisconsin, Illinois, Minnesota, Missouri, Michigan and Indiana. It had $15 million in sales in 2013.
Patterson, a distributor to the dental, companion-pet veterinarian and rehabilitation supply markets, will expand its Midwest reach and influence through the acquisition.
“We are delighted to welcome Holt Dental to Patterson Companies,” said Paul Guggenheim, president of Patterson Dental. “Holt Dental has a longstanding and exceptional reputation in the markets it serves, and maintains a culture much like ours, focused on accountability, integrity and exceptional customer service.”
Holt’s 40 employees will join Patterson Dental. Paul Holt, co-owner and president of Holt Dental, will become a district manager at Patterson.