M&A Deal Summary

Alpaca Audiology Acquires Hearing Services & Systems

On November 16, 2018, Alpaca Audiology acquired medical products company Hearing Services & Systems

Acquisition Highlights
  • This is Alpaca Audiology’s 3rd transaction in the Medical Products sector.
  • This is Alpaca Audiology’s 3rd transaction in the United States.
  • This is Alpaca Audiology’s 1st transaction in Michigan.

M&A Deal Summary

Date 2018-11-16
Target Hearing Services & Systems
Sector Medical Products
Buyer(s) Alpaca Audiology
Deal Type Add-on Acquisition

Target

Hearing Services & Systems

Portage, Michigan, United States
Hearing Services & Systems (HSS) specializes in hearing assessments including audiometric testing and tympanometry; hearing loss prevention; tinnitus management and other hearing health services. The Company offers two of the finest names in digital hearing instruments – Phonak and Starkey – some of whose models are capable of streaming phone calls and music wirelessly from iPhones or hearing assistive devices. For fitting their instruments, HSS employs Live Speech Mapping, a hearing aid fitting process that uses probe microphones and lives, real-time speech to assure best results.

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Buyer(S) 1

Buyer

Alpaca Audiology

Springfield, Missouri, United States

Category Company
Founded 2011
Sector Medical Products
DESCRIPTION

Alpaca Audiology is an audiology negotiating network designed to protect the profession and future of Audiology. The company was formed with the belief that clinics and their respective patients would benefit from collective purchasing power. By uniting, members of Alpaca have created the ability to obtain bottom line pricing while maintaining personal and professional integrity. Alpaca Audiology was founded in 2011 and is based in Springfield, Missouri.


DEAL STATS #
Overall 3 of 5
Sector (Medical Products) 3 of 4
Type (Add-on Acquisition) 3 of 5
State (Michigan) 1 of 1
Country (United States) 3 of 5
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-21 Affiliated Audiology Centers

Little Rock, Arkansas, United States

Affiliated Audiology Centers, Inc. is a medically focused provider of customized hearing solutions. Company services include: hearing analysis, lifestyle analysis (to determine exact needs) and an in-depth discussion of hearing aid options and warranties. The Company offers a technologically advanced line of hearing devices that include its iQ line of product families – Muse™ iQ, Halo® iQ and SoundLens Synergy® iQ. In addition, Affiliated features a full selection of hearing accessories including premium batteries; custom ear molds for hearing aids, iPods and MP3s; water protection ear plugs; noise protection; and mobile device connectors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-18 Estes Audiology

Austin, Texas, United States

Estes Audiology offers hearing solutions for all lifestyles, levels of hearing loss and budgetary requirements. With five locations in central Texas, Estes works in partnership with top hearing aid manufacturers globally to bring customers the latest and best in hearing aid technology. All hearing aids offered by Estes are discreet digital processors; most are wireless and Bluetooth enabled, some have the streaming capability with Smartphones, while some brands such as Lyric are invisible and can be worn while sleeping, showering and during physical activity. In addition, Estes features custom monitors for musicians and hearing protection for hunters.

Buy -