M&A Deal Summary

Star Equity Holdings Acquires DMS Health Technologies

On October 14, 2015, Star Equity Holdings acquired medical products company DMS Health Technologies from Platinum Equity for 36M USD

Acquisition Highlights
  • This is Star Equity Holdings’ 2nd transaction in the Medical Products sector.
  • This is Star Equity Holdings’ largest (disclosed) transaction.
  • This is Star Equity Holdings’ 3rd transaction in the United States.
  • This is Star Equity Holdings’ 1st transaction in North Dakota.

M&A Deal Summary

Date 2015-10-14
Target DMS Health Technologies
Sector Medical Products
Buyer(s) Star Equity Holdings
Sellers(s) Platinum Equity
Deal Type Add-on Acquisition
Deal Value 36M USD

Target

DMS Health Technologies

Fargo, North Dakota, United States
DMS Health Technologies offers a wide range of imaging services including mobile, interim, and fixed-site solutions. DMS Health Technologies was founded in 1972 and is based in Fargo, North Dakota.

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Buyer(S) 1

Buyer

Star Equity Holdings

Old Greenwich, Connecticut, United States

Category Company
Founded 1985
Sector Medical Products
Employees171
Revenue 46M USD (2023)
DESCRIPTION

Star Equity Holdings is a provider of diagnostic solutions. Star Equity Holdings was founded in 1985 and is based in Suwanee, Georgia.


DEAL STATS #
Overall 3 of 6
Sector (Medical Products) 2 of 2
Type (Add-on Acquisition) 3 of 6
State (North Dakota) 1 of 1
Country (United States) 3 of 6
Year (2015) 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-06 MD Office Solutions

California, United States

MD Office Solutions, Inc. is a mobile diagnostic imaging provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-27 Digirad - MDSS Service

Suwanee, Georgia, United States

Digirad Corp. - MDSS Service is a provider of post warranty contract maintenance services for large diagnostic imaging equipment, primarily in the upper mid-west region of the United States.

Sell $8M

Seller(S) 1

SELLER

Platinum Equity

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 48.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Platinum Equity's headquarters in Beverly Hills, California.
Platinum Equity's headquarters in Beverly Hills, California.

Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.


DEAL STATS #
Overall 42 of 78
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 23 of 39
State (North Dakota) 1 of 1
Country (United States) 35 of 65
Year (2015) 6 of 7
Size (of disclosed) 21 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-04 Bridge Terminal Transport

Charlotte, North Carolina, United States

Bridge Terminal Transport, Inc. is a marine drayage company in the United States. It covers major port locations and inland rail sites through a network of 28 terminals, 25 container yards and over 1,285 owner operators. Customers include shipping lines, importers/exporters, and related segments.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-26 Pomeroy IT Solutions

Hebron, Kentucky, United States

Pomeroy IT Solutions, Inc. is a provider of high quality IT infrastructure services from its locations throughout North America, Latin America, Europe, and Asia. Pomeroy’s portfolio of infrastructure managed services includes Workplace Services, Network Services, Data Center Services, and Cloud Services along with staffing services and the full range of procurement and logistics services. The industry’s foremost expert in Optimized Workplace Services, Pomeroy is industry recognized for Managed Workspace Services.

Sell -