Allied 100 LLC, a portfolio company of Ridgemont Equity Partners, has acquired Lifeguard Medical Solutions. Financial terms weren’t announced. Lifeguard Medical distributes automated external defibrillators and accessories.
WOODRUFF, Wis.– Allied 100, LLC (“Allied 100”), today announced the acquisition of Lifeguard Medical Solutions (“Lifeguard”). Lifeguard is a distributor of automated external defibrillators (AEDs) and accessories and certified by the American Heart Association as an official training services provider with a national network of over 500 instructors. Financial terms of the transaction were not disclosed.
“We are very pleased to welcome Lifeguard to the Allied 100 team,” said Micah Bongberg, CEO of Allied 100. “Lifeguard has a blue chip customer base and offers market-leading training services that will immediately add value to the combined business. Plus, this acquisition will further solidify Allied 100’s position as the largest provider of AEDs and Medical Direction in the United States.”
“Lifeguard was formed in 2003 with the mission to provide life-saving emergency cardiac devices and critical training services,” said Harvard Reynolds, who co-founded Lifeguard Medical Solutions along with Chet Frist. “Chet and I are really excited about the combination and feel that Allied 100 is the perfect platform to further our mission and offer our customers an even broader array of products, services and support.”
Allied 100 is a portfolio company of Ridgemont Equity Partners.
About Allied 100
Allied 100, LLC (“Allied”), is a leading provider of products and services to the automated external defibrillator (“AED”) marketplace. Allied owns AED Superstore (http://www.aedsuperstore.com), a leading distributor of AEDs and ancillary parts and accessories, as well as a proprietary, SaaS-based medical direction software solution. The Company offers AEDs from all FDA-approved medical device manufacturers, a technically trained customer care team and aftermarket support services, including physician oversight, AED legal compliance and replacement parts management. The Company is located in Woodruff, Wisconsin.
About Ridgemont Equity Partners
Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested approximately $3.5 billion in 126 companies. The firm focuses on investments of $25 million to $100 million in industries in which it has deep expertise, including basic industries and services, energy, healthcare, and telecommunications/media/technology. www.ridgemontep.com.