M&A Deal Summary

Centurion Service Group Acquires Monet Medical

On February 6, 2020, Centurion Service Group acquired medical products company Monet Medical

Acquisition Highlights
  • This is Centurion Service Group’s 2nd transaction in the Medical Products sector.
  • This is Centurion Service Group’s 2nd transaction in the United States.
  • This is Centurion Service Group’s 1st transaction in Utah.

M&A Deal Summary
Date 2020-02-06
Target Monet Medical
Sector Medical Products
Buyer(s) Centurion Service Group
Deal Type Add-on Acquisition

Target

Monet Medical

Murray, Utah, United States
Monet Medical is a nationally known recondition specialist in the Hospital Bed and Stretcher, Infusion and Defibrillator modalities. With a distributor network reaching across the country and demanding high quality, warrantied products, Monet is known to deliver. Monet has 30,000 sq ft of production and warehouse space throughout the Salt Lake City metro area.

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Buyer(S) 1

Buyer

Centurion Service Group

Franklin Park, Illinois, United States
Category Company
Founded 2001
Sector Medical Products
DESCRIPTION

Centurion Service Group partners with hospitals and surgery centers to unlock and extend the value of their surplus medical equipment. Centurion provides a hassle-free, full-cycle, service-focused solution: Centurion Service Group works with hospitals to create strategies for surplus equipment liquidation; to pick up, transport, warehouse, and sell surplus devices, and to continue the value of surplus equipment by turning it into new equipment, refurbished equipment or essential services. Centurion Service Group is a major medical equipment life-cycle company with extensive warehousing, auction and logistical footprint in the United States. Centurion Service Group was founded in 2001 and is based in Franklin Park, Illinois.

DEAL STATS #
Overall 2 of 2
Sector (Medical Products) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Utah) 1 of 1
Country (United States) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-10 Ganim Medical

Delaware, Ohio, United States

Ganim Medical is an accomplished re-furbisher of medical equipment with a unique retail model that enables hospitals. Ganim Medical holds the largest inventory in the Midwest and has a knowledgeable sales and service team that support hospitals, surgery centers, physician offices, teaching facilities and veterinary markets with new and preowned equipment, equipment planning, liquidation, as well as retail sales and service of new and preowned medical equipment.

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