Add-on Acquisition • Medical Products

Strive Medical Acquires Summit Express Medical Supply

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

Acquisition Context

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.

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M&A Deal Summary
Date	May 3, 2021
Target	Summit Express Medical Supply
Sector	Medical Products
Buyer(s)	Strive Medical
Deal Type	Add-on Acquisition

Target Company

Summit Express Medical Supply

Kings Park, New York, United States

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 Overview 1

Buyer

Strive Medical

Irving, Texas, United States

Category	Company
Founded	2008
Sector	Medical Products

DESCRIPTION

Strive Medical provides urological, wound care, and other disposable medical supplies to patients in the home setting and wound care clinics across the US. Strive Medical was founded in 2008 and is based in Irving, Texas.

Deal Context for Buyer	#
Overall	1 of 4
Sector: Medical Products	1 of 3
Type: Add-on Acquisition	1 of 3
State: New York	1 of 2
Country: United States	1 of 4
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.	Buy	-

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.

Buy

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