M&A Deal Summary

Strive Medical Acquires Summit Express Medical Supply

On May 3, 2021, Strive Medical acquired medical products company Summit Express Medical Supply

Acquisition Highlights
  • This is Strive Medical’s 1st transaction in the Medical Products sector.
  • This is Strive Medical’s 1st transaction in the United States.
  • This is Strive Medical’s 1st transaction in New York.

M&A Deal Summary
Date 2021-05-03
Target Summit Express Medical Supply
Sector Medical Products
Buyer(s) Strive Medical
Deal Type Add-on Acquisition

Target

Summit Express Medical Supply

Kings Park, New York, United States
website
Summit Express Medical Supply is a family-owned and operated distributor of Durable Medical Equipment (“DME”), specializing in catheter and catheter supplies. Summit Express delivers a variety of urological products from major manufacturers, using a drop shipping distribution model to reach patients across the US. Summit Express Medical Supply was formed in 2006 and is based in Kings Park, New York.

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Buyer(S) 1

Buyer

Strive Medical

Irving, Texas, United States

website

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 1 of 2
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
FOLLOWING 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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