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  6. Midmark Acquires Versus Technology

M&A Deal Summary

Midmark Acquires Versus Technology

On April 8, 2016, Midmark acquired information technology company Versus Technology

Acquisition Highlights
  • This is Midmark’s 1st transaction in the Information Technology sector.
  • This is Midmark’s 4th transaction in the United States.
  • This is Midmark’s 1st transaction in Michigan.

M&A Deal Summary
Date 2016-04-08
Target Versus Technology
Sector Information Technology
Buyer(s) Midmark
Deal Type Add-on Acquisition

Target

Versus Technology

Traverse City, Michigan, United States
Versus Technology, Inc. specializes in Real-time Locating Systems (RTLS) for healthcare. Used by more than 800 hospitals for enterprise patient tracking, bed management, asset tracking, and nurse call automation, Versus improves patient flow and documentation of caregiver and patient interactions, while enhancing communication and efficiency. The Versus infrared (IR), Active RFID and Wi-Fi solution is responsible for enterprise visibility, clinical-grade location and automation at hospitals, clinics, surgery centers and senior care facilities worldwide.

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Buyer(S) 1

Buyer

Midmark

Dayton, Ohio, United States
Category Company
Founded 1915
Sector Healthcare Services
DESCRIPTION

Midmark Corp., strives to bring efficient patient care to millions of people each day in the human and animal healthcare industries around the world. A provider of medical, dental and veterinary equipment solutions, Midmark is focused on continuously improving exam room workflow and enhancing patient-caregiver interactions. Midmark’s more than 1,500 teammates worldwide are dedicated to redefining the future of the clinical space and making a positive difference in the practice of healthcare.

DEAL STATS #
Overall 6 of 6
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
State: Michigan M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-11 Janak Healthcare Pvt.

Mumbai, India

Janak Healthcare Pvt. Ltd. is a manufacturer and supplier of medical equipments.

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