M&A Deal Summary

StateServ Acquires Delta Care Rx

On January 22, 2024, StateServ acquired medical products company Delta Care Rx

Acquisition Highlights
  • This is StateServ’s 1st transaction in the Medical Products sector.
  • This is StateServ’s 1st transaction in the United States.
  • This is StateServ’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2024-01-22
Target Delta Care Rx
Sector Medical Products
Buyer(s) StateServ
Deal Type Add-on Acquisition
Advisor(s) Much Shelist (Legal)

Target

Delta Care Rx

Pittsburgh, Pennsylvania, United States
Delta Care Rx is a national pharmaceutical care provider. Delta Care offers integrated pharmacy benefit management, mail order prescription, sterile/non-sterile compounding, and clinical pharmacist consulting to the hospice and palliative care markets. Delta Care Rx was founded in 2009 and is based in Pittsburgh, Pennsylvania.

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Buyer(S) 1

Buyer

StateServ

Mesa, Arizona, United States

Category Company
Founded 2004
Sector Medical Products
DESCRIPTION

StateServ is a provider of durable medical equipment (DME) benefit management solutions to the post-acute care market. The company's technology-enabled platform provides DME cost containment solutions to hospices and other post-acute providers, delivering high-quality patient care, tangible cost savings, and operational efficiencies. its mission is to use technology and optimized processes to help its customers provide the best possible care for patients while giving them the tools they need to drive efficiency. StateServ was formed in 2004 and is based in Mesa, Arizona.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1