M&A Deal Summary

Altimate Medical Acquires Medical Positioning

On July 2, 2015, Altimate Medical acquired medical products company Medical Positioning from RockWood Equity Partners

Acquisition Highlights
  • This is Altimate Medical’s 1st transaction in the Medical Products sector.
  • This is Altimate Medical’s 1st transaction in the United States.
  • This is Altimate Medical’s 1st transaction in Missouri.

M&A Deal Summary

Date 2015-07-02
Target Medical Positioning
Sector Medical Products
Buyer(s) Altimate Medical
Sellers(s) RockWood Equity Partners
Deal Type Add-on Acquisition
Advisor(s) BellMark Partners LLC (Financial)

Target

Medical Positioning

Kansas City, Missouri, United States
Medical Positioning, Inc. is a manufacturer of medical positioning equipment to support therapy for children and adults with disabilities.

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Buyer(S) 1

Buyer

Altimate Medical

Morton, Minnesota, United States

Category Company
Founded 1987
Sector Medical Products
DESCRIPTION

Altimate Medical engages in the design, development, and manufacture of standing frames and equipment to improve the quality of life for kids and adults using wheelchairs. Altimate Medical was founded in 1987 and is based in Morton, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1

Seller(S) 1

SELLER

RockWood Equity Partners

Shaker Heights, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
Size Small
Type Sector Agnostic
DESCRIPTION

RockWood Equity Partners is a private equity firm looking to acquire profitable lower-middle market North American companies generating sales of $10 to $75 million and EBITDA of $2 to $7 million. Target transaction types include management buyouts, recapitalizations, growth equity financings, and divestitures. Sectors of interest include aerospace, defense, healthcare, industrials/industrial technology, and business services. RockWood Equity Partners was formed in 1999 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 11 of 21
Sector (Medical Products) 1 of 3
Type (Add-on Acquisition) 5 of 10
State (Missouri) 1 of 1
Country (United States) 10 of 19
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-21 AFC Industries

College Point, New York, United States

AFC Industries is a provider of supply chain management services and vendor-managed inventory programs to original equipment manufacturers. The company specializes in fasteners and other essential assembly components. It also provides a wide array of value-added services, including kitting, packaging, assembly, and other customization specific to their customers’ needs. AFC Industries was formed in 1987 and is based in College Point, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-05 XL Specialized Trailers

Manchester, Iowa, United States

XL Specialized Trailers, Inc. is a manufacturer of specialized heavy-duty trailers for infrastructure, agricultural, utility, oil and gas, mining and alternative energy markets in North America.

Sell -