M&As this week: Compass Health Brands, Stellar Technologies, Epic Health Services

4 August 2016 (Last Updated August 4th, 2016 18:30)

In a move to strengthen its pressure prevention and therapeutic support surface offering, Compass Health Brands has completed the acquisition of Meridian Medical, a manufacturer of therapeutic support and respiratory products.

In a move to strengthen its pressure prevention and therapeutic support surface offering, Compass Health Brands has completed the acquisition of Meridian Medical, a manufacturer of therapeutic support and respiratory products.

The transaction adds Meridian Medical’s product line, which includes six brands, such as Air Lift, CareFore and Ultra Care, to the acquirer’s professional channel, which, through an independent HME dealer network, serves the HME provider market.

Stellar Technologies, a medical device machining and component manufacturer based in Minnesota, US, has been acquired by Cirtec Medical, a design and contract manufacturing services provider for invasive medical devices.

The move helps the acquirer to expand the company’s manufacturing capabilities and services and to provide the latest innovative technologies, specifically in the neuro-modulation market.

Epic Health Services has announced the acquisition of Paediatric Special Care, the only paediatric-focused nursing and home medical equipment company in Michigan.

"The acquisition will enable Epic Health to expand its private duty nursing and home medical equipment services."

Pediatric Special Care's business, which majorly (60%) focuses on private duty nursing portion, will soon be rebranded to Epic Health Services, while the remaining home medical equipment segment will be renamed to Epic Medical Solutions, a division of Epic Health Services.

The acquisition will enable Epic Health to expand its private duty nursing and home medical equipment services.

CRF Health has acquired Entra Health Systems, bringing the former’s TrialMax eCOA technology and the latter’s cloud platform and mobile health devices together to establish a complete wireless solution for clinical data collection.

The transaction enables CRF Health to expand its offering into the wireless medical and wellness devices market, with a new level of connectivity to offer complete network of solutions to collect, manage and analyse biometric and clinical trial data.

In a move to expand its presence in the dental practice, Cantel Medical, an infection prevention products and services provider, has acquired Accutron, a manufacturer of nitrous oxide delivery systems and single-use nasal masks, for a cash consideration of $52.5m.

The acquisition also enables Cantel Medical to further enhance its comprehensive portfolio of infection prevention products.