Dental, medical, and veterinary products distributor Patterson Companies has acquired Dolphin Imaging Systems LLC and Dolphin Practice Management LLC for an undisclosed amount of cash.
Dolphin Imaging Systems makes 3D imaging software, including digital photography and radiography, which allows dental specialists to analyze treatment records, make diagnoses, and simulate treatment results. Dolphin Practice Management software helps dentists organize their schedules and finances.
Patterson said Dolphin is profitable and debt-free, with annual revenue of about $13 million.
According to an e-mail that Dolphin’s Managing Director Chester Wang sent to customers, "For the past 20 years, my Dolphin teammates and I have been proud to consistently provide you with cutting-edge software and services. With our conviction to do even better, we’ve decided to advance to the next plateau. We’ve elected to do this with Patterson Dental Supply, and its parent company, Patterson Companies Inc, one of our nation’s most stable organizations with a very impressive 132 years (!) of history in dentistry.
"Dolphin’s day-to-day mission will remain the same. I will continue my post as Managing Director, and ALL of our key members will also continue their careers at Dolphin.
"As you may already know, Patterson Dental has a strong reputation in distributing high-quality equipment and supplies with a strong emphasis on providing great service. And it is the maker of EagleSoft®, the popular dental practice software.
"I’m currently working closely with the President of Patterson Dental, Scott Anderson, to map out our shared future. Scott and I immediately agreed on our fundamental priorities: Customers and Employees. In addition, we have a joint commitment to supporting the future of dentistry as it embraces leading-edge technologies."
This e-mail can be viewed in its entirety on Dolphin’s Web site at http://www.dolphinimaging.com/december192008.html.