M&A Deal Summary

AssuraMed Acquires Invacare Supply Group

On January 18, 2013, AssuraMed acquired medical products company Invacare Supply Group from Invacare for 151M USD

Acquisition Highlights
  • This is AssuraMed’s 1st transaction in the Medical Products sector.
  • This is AssuraMed’s largest (disclosed) transaction.
  • This is AssuraMed’s 1st transaction in the United States.
  • This is AssuraMed’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2013-01-18
Target Invacare Supply Group
Sector Medical Products
Buyer(s) AssuraMed
Sellers(s) Invacare
Deal Type Divestiture
Deal Value 151M USD

Target

Invacare Supply Group

Holliston, Massachusetts, United States
website
Invacare Supply Group engages in distribution wholesale of medical supplies. The company offers products in various categories, such as breast pumps, diabetes, diagnostics, DME, enteral, gloves, impotence/ED, incontinence.

Search 193,240 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

AssuraMed

Twinsburg, Ohio, United States

website

Category Company
Sector Medical Products
DESCRIPTION

AssuraMed, previously known as HGI Holding, Inc., is a leading mail-order, direct-to-consumer provider of disposable medical products to chronic disease patients. AssuraMed operates through its Edgepark Medical Supplies and Independence Medical divisions, offering its large and fragmented customer base more than 30,000 products addressing a diverse set of chronic disease market segments including ostomy, diabetes, urological, enteral, incontinence and wound care.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Invacare

Elyria, Ohio, United States

website

Category Company
Founded 1885
Sector Medical Products
Employees3,000
Revenue 872M USD (2021)
DESCRIPTION

Invacare is an American manufacturer and distributor of non-acute medical equipment including wheelchairs, mobility scooters, walkers, pressure care and positioning, as well as respiratory products. Invacare was founded in 1885 and is based in Elyria, Ohio.

DEAL STATS #
Overall 2 of 6
Sector (Medical Products) 2 of 4
Type (Divestiture) 2 of 6
State (Massachusetts) 1 of 1
Country (United States) 2 of 6
Year (2013) 1 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-08 Altimate Medical

Morton, Minnesota, United States

Altimate Medical engages in the design, development, and manufacture of standing frames and equipment to improve the quality of life for kids and adults using wheelchairs. Altimate Medical was founded in 1987 and is based in Morton, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-08 Champion

Ocala, Florida, United States

Champion is a designer and manufacturer of seating products for the healthcare market. Champion's product portfolio primarily consists of highly engineered medical recliners sold to outpatient, post-acute medical facilities for treatments such as hemodialysis, where patient comfort is of critical importance. Champion was founded in 1992 and is based in Ocala, Florida.

Sell $45M
Mergr

Product

Company

Legal