Who owns Henry Schein One, LLC

Henry Schein One, LLC - Profile

Henry Schein One sells software to dental practices: practice management systems that handle charting, scheduling, billing and clinical records, plus web based tools for patient communication, online booking, reviews, marketing and practice websites, and revenue cycle and analytics services. Its products include Dentrix and the cloud version Dentrix Ascend, Easy Dental, TechCentral, and the international systems Software of Excellence, Logiciel Julie, InfoMed, Exan and Labnet, alongside Demandforce, Sesame Communications, Officite and the consumer dental savings marketplace DentalPlans.com. The company was created in July 2018 when Henry Schein folded in its practice solutions business and Internet Brands contributed its dental businesses, combining sales of roughly 400 million dollars and about 1,500 staff, on the argument that dentists wanted the practice system and the patient facing web tools to work as one product rather than several. It is based in American Fork, Utah.

The disclosed stakes

One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.

Where each figure comes from

A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.

• Henry Schein, Inc.. CONFIRMED lead. FY2025 10-K (filed 2026-02-24), Note 24, Related Party Transactions: 'During 2018, we entered into a joint venture with Internet Brands to create Henry Schein One, LLC. Internet Brands initially held a 26% noncontrolling interest, which has since increased to a 33.6% noncontrolling interest in Henry Schein One, LLC, and a freestanding and separately exercisable right to put its noncontrolling interest to Henry Schein, Inc. for fair value following the fifth anniversary of the effective date of the formation of the joint venture.' Exhibit 21 (subsidiaries list) independently corroborates that this is a majority, not wholly, owned subsidiary: it describes 'Henry Schein Practice Solutions Inc.' as 'the parent company of Henry Schein One, LLC and Lighthouse 360, Inc., consolidated, majority-owned subsidiaries.' Henry Schein, Inc.'s own complementary interest (66.4%) is therefore derived as 100% minus Internet Brands' disclosed 33.6%, not itself stated as one figure in the filing. On 29 January 2025 (the same day Henry Schein announced the unrelated KKR Strategic Partnership Agreement, see register), Henry Schein signed a Memorandum of Understanding with Internet Brands extending the time-based trigger for Henry Schein's call option on the remaining stake to 1 July 2032, and pausing Internet Brands' put option for four years, to 29 January 2029. No dollar value or unit count is disclosed for either party's interest: Henry Schein One is an LLC with membership interests, not shares, so shares/value are null per project rule on non-listed-class instruments. The balance sheet's redeemable noncontrolling interests line ($895 million at 27 Dec 2025, $806 million at 28 Dec 2024, per Note 20) is an explicitly COMBINED balance covering 'minority stockholders in certain of our subsidiaries' (plural) generally, not isolated to Henry Schein One/Internet Brands alone, so per project rule that combined figure is NOT assigned to this holding (see notes and unknowns). Exhibit 21 was checked in full and carries NO ownership-percentage column for any entity, a bare name list (a genuine negative there, consistent with other registrants where the format gives nothing). Henry Schein One, LLC is not publicly traded (target_is_private: true, target_ticker: null). Separately disclosed: a ten-year royalty agreement under which Henry Schein pays Internet Brands approximately $31 million annually for IP use (steady at $31 million in each of FY2023, FY2024 and FY2025), and a net payable from Henry Schein One to Internet Brands of $9 million (FY2025) and $1 million (FY2024). sourcesource 2