M&A Deal Summary

Geriatric Medical Acquires DDP Medical Supply

On October 1, 2024, Geriatric Medical acquired distribution company DDP Medical Supply

Acquisition Highlights
  • This is Geriatric Medical’s 1st transaction in the Distribution sector.
  • This is Geriatric Medical’s 1st transaction in the United States.
  • This is Geriatric Medical’s 1st transaction in Florida.

M&A Deal Summary

Date 2024-10-01
Target DDP Medical Supply
Sector Distribution
Buyer(s) Geriatric Medical
Deal Type Add-on Acquisition

Target

DDP Medical Supply

St. Petersburg, Florida, United States
DDP Medical Supply offers wholesale medical supplies and equipment, sales, and distribution in a reliable and timely fashion to durable medical equipment companies (DME), pharmaceutical retailers, physician offices, and surgical centers. DDP Medical Supply is based in St. Petersburg, Florida.

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Buyer(S) 1

Buyer

Geriatric Medical

Woburn, Massachusetts, United States

Category Company
Founded 1945
Sector Distribution
DESCRIPTION

Geriatric Medical is a distributor of consumable medical supplies and ancillary products to skilled nursing facilities, durable medical equipment providers and other post-acute care providers throughout New England. Geriatric Medical was founded in 1945 and is based in Woburn, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1