Announced
Completed
Financials
Tags
Domestic
Medical Supplies
United States
Private
Acquisition
Majority
Private Equity
medical supplies
Friendly
Single Bidder
Completed
Synopsis
Advanced Diabetes Supply, an operator of an online platform designed for providing diabetes testing supplies, completed the acquisition of US Medical Supply, a provider of mail-order medical supplies, from H.I.G. Capital, a private equity and alternative assets investment firm. Financial terms were not disclosed. “Together, ADS and US MED will benefit from having broader in-network payor coverage, bicoastal presence, more warehouse locations, complementary partner relationships, streamlined workflows and systems, and the ability to learn from each other’s strengths," Mark Howard, ADS Co-Founder and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.