8-K
filed April 17, 2025, 7:59 PM ET
CIK 0000891024
M&A
confidence high
sentiment neutral
materiality 1.00
PATTERSON COMPANIES, INC.: M&A transaction — Patterson Companies completes $2.8B acquisition by Patient Square Capital at $31.35/share
PATTERSON COMPANIES, INC.
- All outstanding shares converted into $31.35/share in cash, aggregate consideration approximately $2.8 billion.
- Common stock delisted from Nasdaq; trading halted prior to the open on April 17, 2025.
- Board of directors replaced except Donald J. Zurbay; Kevin M. Barry appointed as director.
- Company now wholly owned subsidiary of Patient Square Capital, an affiliate of Patient Square Capital, LP.
- Prior credit agreements repaid and terminated upon closing.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
John D. Buck resigned as Director at PATTERSON COMPANIES, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
each member of the board of directors of the Company, other than Donald J. Zurbay, ceased serving in such capacity and accordingly John D. Buck, Meenu Agarwal, Alex N. Blanco, Jody H. Feragen, Robert C. Frenzel, Philip G.J. McKoy, Neil A. Schrimsher, and Pamela J. Tomczik resigned as directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jody H. Feragen resigned as Director at PATTERSON COMPANIES, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
each member of the board of directors of the Company, other than Donald J. Zurbay, ceased serving in such capacity and accordingly John D. Buck, Meenu Agarwal, Alex N. Blanco, Jody H. Feragen, Robert C. Frenzel, Philip G.J. McKoy, Neil A. Schrimsher, and Pamela J. Tomczik resigned as directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Pamela J. Tomczik resigned as Director at PATTERSON COMPANIES, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
each member of the board of directors of the Company, other than Donald J. Zurbay, ceased serving in such capacity and accordingly John D. Buck, Meenu Agarwal, Alex N. Blanco, Jody H. Feragen, Robert C. Frenzel, Philip G.J. McKoy, Neil A. Schrimsher, and Pamela J. Tomczik resigned as directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kevin M. Barry was appointed as Director at PATTERSON COMPANIES, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
In addition, Kevin M. Barry was appointed as a director of the Company immediately following the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Philip G.J. McKoy resigned as Director at PATTERSON COMPANIES, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
each member of the board of directors of the Company, other than Donald J. Zurbay, ceased serving in such capacity and accordingly John D. Buck, Meenu Agarwal, Alex N. Blanco, Jody H. Feragen, Robert C. Frenzel, Philip G.J. McKoy, Neil A. Schrimsher, and Pamela J. Tomczik resigned as directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Alex N. Blanco resigned as Director at PATTERSON COMPANIES, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
each member of the board of directors of the Company, other than Donald J. Zurbay, ceased serving in such capacity and accordingly John D. Buck, Meenu Agarwal, Alex N. Blanco, Jody H. Feragen, Robert C. Frenzel, Philip G.J. McKoy, Neil A. Schrimsher, and Pamela J. Tomczik resigned as directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert C. Frenzel resigned as Director at PATTERSON COMPANIES, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
each member of the board of directors of the Company, other than Donald J. Zurbay, ceased serving in such capacity and accordingly John D. Buck, Meenu Agarwal, Alex N. Blanco, Jody H. Feragen, Robert C. Frenzel, Philip G.J. McKoy, Neil A. Schrimsher, and Pamela J. Tomczik resigned as directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Meenu Agarwal resigned as Director at PATTERSON COMPANIES, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
each member of the board of directors of the Company, other than Donald J. Zurbay, ceased serving in such capacity and accordingly John D. Buck, Meenu Agarwal, Alex N. Blanco, Jody H. Feragen, Robert C. Frenzel, Philip G.J. McKoy, Neil A. Schrimsher, and Pamela J. Tomczik resigned as directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Neil A. Schrimsher resigned as Director at PATTERSON COMPANIES, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
each member of the board of directors of the Company, other than Donald J. Zurbay, ceased serving in such capacity and accordingly John D. Buck, Meenu Agarwal, Alex N. Blanco, Jody H. Feragen, Robert C. Frenzel, Philip G.J. McKoy, Neil A. Schrimsher, and Pamela J. Tomczik resigned as directors of the Company.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
PATTERSON COMPANIES, INC.: Company's Amended and Restated Bylaws amended and restated in their entirety at the effective time of the merger.
- Change
- bylaw amendment
Exact text from the filing
(ii) the Company’s Amended and Restated Bylaws, as in effect immediately prior to the Effective Time, were amended and restated in their entirety (the “Second Amended and Restated Bylaws”)
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
PATTERSON COMPANIES, INC.: Company's Restated Articles of Incorporation amended and restated in their entirety at the effective time of the merger.
- Change
- charter amendment
Exact text from the filing
(i) the Company’s Restated Articles of Incorporation, as in effect immediately prior to the Effective Time, were amended and restated in their entirety (the “Amended and Restated Articles of Incorporation”)
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
PATTERSON COMPANIES, INC. underwent a change of control involving Paradigm Parent, LLC for approximately $2.8 billion (closed 2025-04-17).
- Action
- change of control
- Counterparty
- Paradigm Parent, LLC
- Consideration
- approximately $2.8 billion
- Closing
- 2025-04-17
Exact text from the filing
owned subsidiary of Parent. Parent is an affiliate of Patient Square Capital. The aggregate consideration paid by Parent to Company shareholders in the Merger was approximately $2.8 billion. The funds used by Parent to consummate the Merger came from (1) equity financing and (2) debt financing.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.