M&A Deal Summary

Miracle-Ear Acquires Carefree Hearing

On July 10, 2017, Miracle-Ear acquired franchising company Carefree Hearing

Acquisition Highlights
  • This is Miracle-Ear’s 1st transaction in the Franchising sector.
  • This is Miracle-Ear’s 1st transaction in the United States.

M&A Deal Summary

Date 2017-07-10
Target Carefree Hearing
Sector Franchising
Buyer(s) Miracle-Ear
Deal Type Add-on Acquisition

Target

Carefree Hearing

United States
Carefree Hearing, Inc. is a nationally recognized and awarded franchisee of Miracle-Ear. Carefree Hearing is based in the United States.

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Buyer(S) 1

Buyer

Miracle-Ear

Minneapolis, Minnesota, United States

Category Company
Founded 1948
Sector Distribution
DESCRIPTION

Miracle-Ear is a distributor of high-quality hearing aids, parts, and accessory products for the hearing impaired under the Miracle-Ear trademark. Safe in Sound Hearing is based in the United States. The company operates out of 16 retail locations throughout Arizona, with exclusive and protected territorial rights to the Miracle-Ear brand across most of the state. Miracle-Ear was founded in 1948 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector: Franchising M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1