Baker Tilly Capital provided sell-side advisory services to ImproMed, Inc. (ImproMed) on its majority ownership sale to Butler Schein Animal Health.
Previously, ImproMed reached out to Baker Tilly Capital to help it seek out growth opportunities. Baker Tilly Capital served as the exclusive financial advisor to ImproMed on its acquisition of the practice management software company, Sunpoint Software, Inc. in 2009 and VETECH Software Services, Inc. in 2010.
Headquartered in Dublin, Ohio, Butler Schein Animal Health, the domestic veterinary division of Henry Schein, Inc., is the leading companion animal health distribution company in the United States.
Impromed, Inc., headquartered in Oshkosh, Wis., is the largest independent provider of practice management software for the veterinary industry. ImproMed will continue to operate as a subsidiary of Butler Schein Animal Health.
"Baker Tilly Capital lead our transaction process and structured a deal that positions Impromed for the next level of success. The creativity, dedication, and expertise provided by the Baker Tilly Capital team added tremendous value to the transaction from start to finish." – Ron Detjen, President and CEO, ImproMed, Inc.