M&A Deal Summary

Medical Guardian Acquires MobileHelp

On May 1, 2024, Medical Guardian acquired medical products company MobileHelp from Advocate Aurora Enterprises

Acquisition Highlights
  • This is Medical Guardian’s 2nd transaction in the Medical Products sector.
  • This is Medical Guardian’s 2nd transaction in the United States.
  • This is Medical Guardian’s 1st transaction in Florida.

M&A Deal Summary

Date 2024-05-01
Target MobileHelp
Sector Medical Products
Buyer(s) Medical Guardian
Sellers(s) Advocate Aurora Enterprises
Deal Type Divestiture

Target

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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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 2 of 2
Sector (Medical Products) 2 of 2
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-28 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.

Buy -

Seller(S) 1

SELLER

Advocate Aurora Enterprises

Illinois, United States

Category Company
Sector Business Services
DESCRIPTION

Advocate Aurora Enterprises (AAE) strategically invests in and acquires consumer health and wellness companies to advance innovative solutions that go beyond traditional clinical care. Grounded by its health care experience, AAE’s growing portfolio of companies aims to address people’s broader health needs to help them live well at every stage of life.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 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.

Buy -