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Comfort Medical Buys Urological Catheter Supplier Medical Direct Club.

MANews-(C)2009-2015

8 December 2015 - US-based urological and ostomy supplies provider Comfort Medical, LLC has closed the acquisition of Medical Direct Club, LLC, the third largest direct-to-consumer supplier of urological catheters and supplies in the US, the company said.

Terms of the deal were not disclosed.

This acquisition further strengthens Comfort Medical's position as the nation's leading mail-order provider of urological and ostomy supplies.

Medical Direct Club had raised private equity investments from Heritage Group, The Nashville Capital Network, Crofton Capital, and Fulcrum Equity Partners.

Based in Coral Springs, Florida, Comfort Medical, LLC is the national mail-order provider of urological and ostomy supplies.

Comfort Medical, LLC is a wholly-owned subsidiary of Liberty Medical Holdings, LLC.

Country: USA

Sector: Healthcare

Target: Medical Direct Club, LLC

Buyer: Comfort Medical, LLC

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Date:Dec 8, 2015
Words:150
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