Star Equity Holdings - M&A Summary and Business Overview

Medical ProductsCompany

Star Equity Holdings M&A Summary

Star Equity Holdings has acquired 6 companies, including 3 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 4 assets.

Star Equity Holdings’ largest acquisition to date was in 2015, when it acquired DMS Health Technologies for $36M. It’s largest disclosed sale occurred in 2020, when it sold DMS Health Technologies to for $19M. Star Equity Holdings has acquired in 5 different US states. The Company’s most targeted sectors include building materials (34%) and medical products (34%).

Star Equity Holdings Business Overview

Where is Star Equity Holdings headquartered?

Star Equity Holdings is headquartered in Old Greenwich, Connecticut.

What is Star Equity Holdings’ revenue?

Star Equity Holdings disclosed revenue of 46M USD for 2023 and 57M USD for 2022.

How many employees does Star Equity Holdings have?

Star Equity Holdings has 171 employees.

What sector is Star Equity Holdings in?

Star Equity Holdings is a medical products company.

When was Star Equity Holdings founded?

Star Equity Holdings was founded in 1985.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity6
    • M&A Sell Activity4
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4

Star Equity Holdings

Star Equity Holdings, Inc.

53 Forest Avenue Suite 101,
Old Greenwich, Connecticut 06870
United States,
(203) 489-9500
www.starequity.com

Star Equity Holdings is a provider of diagnostic solutions. Star Equity Holdings was founded in 1985 and is based in Suwanee, Georgia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 4 - - - 1 1 6
vol $40M $23M $63M
Sell (0.4/yr) # 2 1 - - 1 - 4
vol $10M $19M $29M
  10

Most Recent M&A

Company Date Value Type
Timber Technologies LLC 2024-05-20 23M USD Add-on Acquisition
Colfax, Wisconsin · www.timber-technologies.com
Big Lake Lumber, Inc. 2023-11-02 - Add-on Acquisition
Big Lake, Minnesota · www.biglakelumber.com
Digirad Health, Inc. 2023-05-05 - Divestiture
Suwanee, Georgia · www.digirad.com
DMS Health Technologies 2020-11-03 19M USD Unknown
Fargo, North Dakota · www.dmshealthtechnologies.com
ATRM Holdings, Inc. 2019-09-10 - Add-on Acquisition
Oakdale, Minnesota · www.atrmholdings.com
Digirad Corp. - MDSS Service 2017-12-27 8M USD Divestiture
Suwanee, Georgia
DMS Health Technologies 2015-10-14 36M USD Add-on Acquisition
Fargo, North Dakota · www.dmshealthtechnologies.com
MD Office Solutions, Inc. 2015-03-06 - Add-on Acquisition
, California · www.mdofficesolutions.com
Telerhythmics LLC 2014-03-13 4M USD Add-on Acquisition
Collierville, Tennessee · www.telerhythmics.com
Digirad Corp. - Imaging Lymph Nodes and Surgical Margin Assets 2013-08-02 2M USD Divestiture
Suwanee, Georgia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Medical Products 2 (33%) 36M (57%) 3 (75%) 21M (72%)
Building Materials 2 (33%) - - -
Forest Products 1 (17%) 23M (36%) - -
Healthcare Services 1 (17%) 4M (6%) - -
Business Services - - 1 (25%) 8M (28%)
Total 6 $63M 4 $29M

By Geo

State/Country Buy Value Sell Value
United States 6 63M 4 29M
  Georgia - - 3 10M
  Minnesota 2 - - -
  North Dakota 1 36M 1 19M
  Wisconsin 1 23M - -
  Tennessee 1 4M - -
  California 1 - - -
Total 6 $63M 4 $29M

Deal Values

buy # Total
< $100M 3 $63M
TOTAL $63M
Largest DMS Health Technologies
$36M (2015-10-14)
sell # Total
< $100M 3 $29M
TOTAL $29M
Largest DMS Health Technologies
$19M (2020-11-03)

M&A Connections

Deals
Acquired from
Investor(s)
17%
1 (17%)
Divested to
Strategic(s)
75%
3 (75%)

Company Summary

SECTOR

Medical Products

Revenue

46   20% 2023
57   47% 2022
107   38% 2021
78   32% 2020
114   10% 2019
104   12% 2018
118   6% 2017
125   105% 2016
61   9% 2015
56   15% 2014
49   2% 2013
50   2012
(millions of USD) Show More Show Less

Employees

171

Established

1985

Public

NASDAQ: STRR

Former Name

Digirad Corp.

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