Palm Beach Capital invests in Liberty Medical Holdings, LLC
Covington Associates, LLC acted as financial advisor to Palm Beach Capital Fund III, L.P., through one of its investment entities, in its investment in Liberty Medical Holdings, LLC, an industry leading distributor of catheters, ostomy supplies, insulin pumps, insulin pump supplies, and other medical supplies.
Southeast Medical acquired by ABC Medical Supply
Covington Associates acted as financial advisor to Southeast Medical, Inc., a national a provider of top-quality urological medical supplies, in their sale to ABC Medical Supply, Inc., a one-stop shop with a comprehensive line of medical supplies that includes catheters, ostomy and wound care supplies. >Press Release
Arriva Medical acquires Simplex Healthcare
Covington Associates advised Arriva Medical, LLC on its acquisition of Simplex Healthcare, Inc., a TN based healthcare company providing home delivery of medical supplies to patients suffering from diabetes. Arriva Medical, LLC, a subsidiary of Alere Inc. (NYSE:ALR), provides diabetic testing supplies and offers embrace talking meters and element meters for diabetic testing.
Discount Diabetic divests certain assets to All American Medical Supply
Covington Associates acted as financial advisor to Discount Diabetic, a supplier of diabetic products including: blood glucose monitoring products, BioBack back braces to relieve lower back pain, and arthritis heating pads to medical beneficiaries, in their divestiture of certain assets to All American Medical Supply.
Envoy Health acquired by Lincare
Covington Associates, LLC announced its role as financial advisor to Envoy Health, a nationwide provider of diabetes supplies and patient support services. Covington acted as exclusive M&A advisor to Envoy Health in its sale to Lincare, Inc., a subsidiary of The Linde Group, is a Clearwater, FL. based healthcare services company. >Press Release
Alere has acquired Liberty Medical
Covington Associates acted as the buy-side advisor to Alere Medical, Inc. in its acquisition of the Medicare Business of Liberty Medical Supply, a home delivery service that sells diabetes testing supplies, prescription drugs, urology supplies, CPAP and ostomy supplies directly to consumers.
Premier Source acquired by AmerisourceBergen
Covington Associates acted as exclusive financial advisor to Premier Source, a privately held company that provides consulting and reimbursement services to medical device, pharmaceutical, molecular diagnostic, and biotechnology manufacturers, as well as other health services companies, in its sale to AmerisourceBergen Corporation (NYSE:ABC). >Press Release
Sanare has acquired Doctor Diabetic Supply
Covington Associates served as financial advisor to Sanare, a healthcare products and services company specializing in diabetes, in their acquisition of Doctor Diabetic Supply, a direct-to-consumer distributor of diabetic testing supplies and related products in the United States.
Inverness Medical Innovations nutritionals business acquired by International Vitamin Corporation
Covington Associates announced it acted as financial advisor to Inverness Medical Innovations, Inc. (NYSE: IMA), a global leader in enabling individuals to take charge of their health at home through the merger of rapid diagnostics and health management, in the sale of its nutritionals business to International Vitamin Corporation and affiliates. >Press Release
OmnisHealth acquired by Sanare
Covington Associates acted as financial advisor to OmnisHealth a blood glucose monitoring systems and other diabetes solutions, in their sale to Sanare, a provider of care management products and services that improve the health and reduce the medical costs of people with diabetes.
Selfcare has acquired Can-Am Care
Selfcare, (AMEX:SLF) was a publicly-held developer, manufacturer and marketer of innovative products focused primarily on diabetes self-management. Covington Associates advised Selfcare in the acquisition of Can-Am Care Corporation, a leading supplier of diabetes care products.
Selfcare has acquired American Home Products
Selfcare, (AMEX:SLF) was a publicly-held developer, manufacturer and marketer of innovative products focused primarily on diabetes self-management. Covington Associates advised Selfcare in the acquisition of certain nutritional product supplement lines from American Home Products Corporation. The lines included StressTabs, Posture, Ferro-Sequels, and Protegra.