M&A Deal Summary

Strive Medical Acquires ProMed DME

On June 24, 2024, Strive Medical acquired medical products company ProMed DME

Acquisition Highlights
  • This is Strive Medical’s 2nd transaction in the Medical Products sector.
  • This is Strive Medical’s 3rd transaction in the United States.
  • This is Strive Medical’s 2nd transaction in Florida.

M&A Deal Summary
Date 2024-06-24
Target ProMed DME
Sector Medical Products
Buyer(s) Strive Medical
Deal Type Add-on Acquisition

Target

ProMed DME

Stuart, Florida, United States
ProMed DME is a durable medical equipment (“DME”) provider specializing in diabetic continuous glucose monitoring (CGM) supplies. ProMed DME was founded in 2020 and is based in Stuart, Florida.

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Buyer(S) 1

Buyer

Strive Medical

Irving, Texas, United States
Category Company
Founded 2008
Sector Medical Products
DESCRIPTION

Strive Medical a provider of direct-to-patient urological and wound care supplies to patients in the home setting, serving patients across 19 states. Strive has focused on giving patients the highest quality customer service and best products available. Strive Medical was founded in 2008 and is based in Irving, Texas.

DEAL STATS #
Overall 3 of 3
Sector (Medical Products) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Florida) 2 of 2
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-28 US MED - Urology division

Doral, Florida, United States

US MED's Urology division deals with diseases of the male and female urinary tract products. US MED's Urology division is based in Doral, Florida.

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