M&A Deal Summary

Innova Medical Group Acquires 3PE

On April 26, 2021, Innova Medical Group acquired medical products company 3PE

Acquisition Highlights
  • This is Innova Medical Group’s 1st transaction in the Medical Products sector.
  • This is Innova Medical Group’s 3rd transaction in the United States.
  • This is Innova Medical Group’s 3rd transaction in California.

M&A Deal Summary

Date 2021-04-26
Target 3PE
Sector Medical Products
Buyer(s) Innova Medical Group
Deal Type Add-on Acquisition

Target

3PE

Pomona, California, United States
3PE is a provider in the development and manufacture of ergonomically designed respirators using top quality materials and automated processes. The company’s focus is on bringing the best quality respirators and masks to healthcare workers and the public at affordable prices. 3PE is based in Pomona, California.

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Buyer(S) 1

Buyer

Innova Medical Group

Pasadena, California, United States

Category Company
Sector Medical Products
DESCRIPTION

Innova Medical Group, Inc. is a manufacturer of rapid antigen test kits. IMG offers a global supply chain, including the innovative and respected firms of G.E. Healthcare (USA) and Sartorius (Germany). IMG secured exclusive manufacturing and distribution agreements for its best-in-class portfolio of screening and diagnostic tests. Innova Medical Group is based in Pasadena, California.


DEAL STATS #
Overall 3 of 3
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-02 MPS Medical

Brea, California, United States

MPS Medical, Inc. is a vertically integrated company that supports three main markets. The infusion therapy side designs and manufactures a comprehensive line of high-quality specialty IV therapy sets for neonatal, pediatric, and adult populations. The pharmacy side supports the production of quality compounding pharmacy and admix disposables. Additionally, these same resources also support our third main division – Private Label & OEM Services. MPS Medical was founded in 1990 and is based in Brea, California.

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