M&A Deal Summary

Medical Guardian Acquires MedScope

On October 28, 2021, Medical Guardian acquired medical products company MedScope

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

M&A Deal Summary

Date 2021-10-28
Target MedScope
Sector Medical Products
Buyer(s) Medical Guardian
Deal Type Add-on Acquisition

Target

MedScope

Paoli, Pennsylvania, United States
MedScope offers a full-service customizable PERS program, account management tools, and unmatched transparency to partnering agencies. MedScope was founded in 1999 and is based in Paoli, Pennsylvania.

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Buyer(S) 1

Buyer

Medical Guardian

Philadelphia, Pennsylvania, United States

Category Company
Founded 2005
Sector Healthcare Services
DESCRIPTION

Medical Guardian is a provider of senior health solutions. The company offers a full suite of connected care medical alert systems that empower older adults to live a life without limits. Medical Guardian provides nationwide support to more than 160,000 aging Americans who are ready to take on the next chapter of life while remaining safe in their own home. Whether it’s an in-home system, mobile device with GPS/Wi-Fi capabilities, or an all-in-one wearable medical alert smartwatch, Medical Guardian has the personal medical alert device to meet an array of needs and lifestyles. Medical Guardian was founded in 2005 and is based in Philadelphia, Pennsylvania.


DEAL STATS #
Overall 1 of 2
Sector (Medical Products) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-01 MobileHelp

Boca Raton, Florida, United States

MobileHelp is a provider of mobile Personal Emergency Response Systems (mPERS). The company's mPERS devices are integrated with nationwide wireless voice, data, and GPS technology to provide real-time medical alert monitoring services and expedited personal emergency assistance. In addition, MobileHelp offers proactive health management services through its healthcare division, Clear Arch Health. MobileHelp was formed in 2006 and is based in Boca Raton, Florida.

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