An affiliate of Woodbury Health Products Inc, the Floral Park, New York, distributor of incontinence and catheter-related supplies, purchased certain assets of Advanced Medical Group LLC. Terms weren’t disclosed. Advanced Medical is the Suwanee, Georgia, distributor of home urological supplies. Woodbury, which distributes its products from a facility in Wilmington, North Carolina, is owned by funds that are managed by MTS Health Investors LLC, the New York healthcare-focused private equity firm.
Woodbury Health Products Acquires Assets from Advanced Medical Group
Floral Park, NY – April 8, 2016 –Woodbury Health Products Inc. (“Woodbury”) announced today that its affiliate, Wilmington Medical Supply, Inc., has acquired certain assets from Advanced Medical Group, LLC (“AMG”), a Southeastern United States distributor of home urological supplies. Woodbury is owned by funds managed by MTS Health Investors, LLC, (“MTS”) a New York-based private equity firm. Terms of the transaction were not disclosed.
Founded in 2006, AMG is a national specialty distributor of medical supplies to customers with chronic medical conditions. AMG has developed an outstanding reputation in the home urological supplies distribution industry and has a proven record of strong supplier and customer relationships built through excellent service and consistent performance.
“We’re excited to complete this acquisition as we continue to execute on our growth strategy,” said Seth Segel, CEO of Woodbury. “AMG has a strong presence in several states throughout the Southeast that will help develop our business in this strategic region of the country.”