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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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