M&A Deal Summary

Prism Medical Acquires Movement 2

On April 18, 2011, Prism Medical acquired medical products company Movement 2 for 800K GBP

Acquisition Highlights
  • This is Prism Medical’s 4th transaction in the Medical Products sector.
  • This is Prism Medical’s largest (disclosed) transaction.
  • This is Prism Medical’s 4th transaction in the United Kingdom.

M&A Deal Summary

Date 2011-04-18
Target Movement 2
Sector Medical Products
Buyer(s) Prism Medical
Deal Type Add-on Acquisition
Deal Value 800K GBP

Target

Movement 2

East Goscote, United Kingdom
Movement 2 Ltd. is a provider of home care patient moving and handling equipment, servicing and repair in the East Midlands region of the UK. Movement 2 supplies a wide range of products including ceiling track hoists, floor hoists, shower chairs, and slings.

Search 205,859 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 7 of 10
Sector (Medical Products) 4 of 6
Type (Add-on Acquisition) 7 of 9
Country (United Kingdom) 4 of 4
Year (2011) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-22 Access Solutions

Cheektowaga, New York, United States

Kevko Solutions, Inc. is a privately owned United States based distributor of moving and handling products for the mobility impaired. The company has been in operation since 1999 providing surveying & assessment, installation, and training services, as well as the distribution of a variety of safe patient handling and accessibility products for the Acute, Long-Term Care and Home Health Care markets in New York and Northern Pennsylvania. The products include ceiling lifts, stair lifts, ramps, floor lifts, bathing systems, beds and repositioning aids. Products are sold for use in institutions and homecare.

Buy -
FOLLOWING 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 -