Announced

Completed

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

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.

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