Announced
Completed
Financials
Sources
Tags
Completed
Private Equity
Single Bidder
Home & Office Furnishings
Acquisition
Majority
United Kingdom
Household Equipment and Products
Friendly
Private
Synopsis
ArchiMed, a European healthcare specialist investor, completed its acquisition of Direct Healthcare Group, which manufactures pressure area care solutions, from NorthEdge Capital, a private equity firm. Financial terms were not disclosed. “We’re partnering with an exceptional management team with a proven track record when it comes to clever product innovation and driving successful mergers and acquisitions. Our common focus with management for the next phase of development will be on internationalizing DHG’s footprint and expanding its product range, especially through further acquisitions,” Antoine Faguer, ArchiMed Partner.
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