M&A Deal Summary

Prism Medical Acquires Angel Accessibility Solutions

On January 9, 2015, Prism Medical acquired medical products company Angel Accessibility Solutions

Acquisition Highlights
  • This is Prism Medical’s 5th transaction in the Medical Products sector.
  • This is Prism Medical’s 1st transaction in Canada.
  • This is Prism Medical’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2015-01-09
Target Angel Accessibility Solutions
Sector Medical Products
Buyer(s) Prism Medical
Deal Type Add-on Acquisition

Target

Angel Accessibility Solutions

Victoria, British Columbia, Canada
Angel Accessibility Solutions Ltd. is a British Columbia-based provider of safe patient handling and elevating products and services.

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Buyer(S) 1

Buyer

Prism Medical

Toronto, Ontario, Canada
Category Company
Sector Medical Products
DESCRIPTION

Prism Medical is a vertically integrated manufacturer and a provider of equipment and services used to move and handle mobility challenged individuals in a safe and dignified manner. Prism Medical's products are marketed under the brand names of Prism Medical, ErgoSafe, Waverley Glen and Nightingale in the homecare, acute care and long-term care markets throughout North America. Prism Medical offers solutions that encourage improved care, quality of life and mobility, while seeking to lower the overall cost of the caregiving function in a number of ways, including reducing the incidence of handling-related injuries among caregivers. Through its network of dealers, Prism Medical provides an integrated suite of products and services that make homecare a viable option for many people.

DEAL STATS #
Overall 9 of 10
Sector (Medical Products) 5 of 6
Type (Add-on Acquisition) 9 of 9
State (British Columbia) 1 of 1
Country (Canada) 1 of 2
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-10 MedCare Products

Burnsville, Minnesota, United States

MedCare Products Inc. is a distributor and marketer of patient lift equipment made to prevent caregivers and patients from sustaining injuries during the process of moving and transferring. The Company has a complete product offering of floor lifts, ceiling lifts, car extractors, slings and transfer aids giving the Company the advantage of being able to offer 24-hour parts response as well as localized service, support and training to its customer base.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-14 Shoppers Home Health - Lifts and Elevating Business

Toronto, Ontario, Canada

Shoppers Home Health - Lifts and Elevating Business comprises inventory of lifts and elevating equipment.

Buy $2M
Mergr

Product

Company

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