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New Deal


Announced

Completed

ADS completed the acquisition of US Medical Supply from H.I.G. Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Medical Supplies

United States

Private

Acquisition

Majority

Private Equity

medical supplies

Friendly

Single Bidder

Completed

Synopsis

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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.

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