Advantage Medical Cables, which is backed by HealthEdge Partners, has made two acquisitions: American Biosurgical Inc and Vital Connections. No financial terms were disclosed. Also, AMC has rebranded to LifeSync. Norcross, Georgia-based ABI is a designer and manufacturer of cables, interconnects and assemblies for medical device OEMs while Ohio-based Vital Connections is a provider of specialty medical cables, wires and accessories used in cardiac imaging, diagnostic patient monitoring, ECG and other electro-physiological diagnostic areas.
Coral Springs, Fla. – September 9, 2019 – Advantage Medical Cables, maker of patient monitoring and diagnostic devices and accessories has more than doubled its revenue through two recently completed acquisitions: American Biosurgical Inc. and Vital Connections. The company is also changing its name to LifeSync. The newly expanded organization is led by CEO Bob Buehler, a longtime medical device industry executive.
“AMC has been a leader in cardiac and neuro monitoring devices and accessories for many years,” says Buehler. “Since 2012, AMC has grown from one to five companies that are consolidated under the new LifeSync brand. The most recent acquisitions enhance our ability to serve hospitals and the world’s leading OEM monitoring companies. We’re also now better positioned to expand into growing categories like MRI, sleep therapy diagnostics and disposable products.”
American Biosurgical Inc. (ABI) is a Norcross, Georgia-based designer and manufacturer of cables, interconnects and assemblies for medical device OEMs. The company also is a leading global provider of cables for SpO2 pulse oximeters. ABI has manufacturing facilities in Asheville, NC, and China, and supply chain management operations in Norcross, Los Angeles and Mexicali, Mexico.
The other recently acquired company is Ohio-based Vital Connections, Inc. The company designs and manufactures specialty medical cables, wires and accessories used in cardiac imaging, diagnostic patient monitoring, ECG (electrocardiogram) and other electro-physiological diagnostic areas including sleep therapy. Its radiolucent lead wires complement LifeSync’s existing radiolucent products. Vital Connections also offers deep materials science expertise and precision manufacturing capabilities. Company engineers work closely with customers to develop products specifically for their needs.
“We are very excited by the strategic benefits of these acquisitions. The new consolidated LifeSync broadens its product portfolio, gains off-shore manufacturing capabilities, and deepens relationships with customers through multiple channels.” says Brian Anderson of HealthEdge Investment Partners, the lead investor in LifeSync. “LifeSync’s accomplished leadership team brings decades of experience in growing health care companies, so we expect the momentum to continue.”
Along with the recently acquired operations, the LifeSync family of companies (previously known as Advantage Medical Cables) also includes Rochester Electro-Medical, Inc., creator and maker of the industry’s first gold electrodes; and LifeSync, an acquired company known for its wireless electrocardiogram (ECG) data communication system appropriate for use in high acuity settings through the use of innovative radiolucent lead wires. The existing LifeSync name has been elevated to encompass all the entities in the portfolio. In the coming months, products from the combined companies will be organized into LifeSync Cardiac, LifeSync Neuro, LifeSync Source and LifeSync Wireless.
LifeSync, Inc. is a Coral Springs-Fla.-based leading designer, manufacturer and supplier of patient monitoring products and accessories. The company, formerly known as Advantage Medical Cables, specializes in monitoring solutions for the cardiac and neurological diagnostic categories. LifeSync is among the country’s top disposable ECG lead wire providers. Direct customers include hospitals and health systems, along with leading OEM diagnostic/monitoring companies. For more information, visit www.lifesync.com or call 800-358-2468.
HealthEdge Investment Partners, LLC is an operating-oriented private equity firm founded in 2005 that focuses exclusively on the healthcare industry. HealthEdge seeks to achieve superior returns by investing in businesses that benefit from the knowledge, experience, and network of relationships of its partners. HealthEdge’s partners have more than 200 years of combined operating experience in healthcare as CEOs and investors. For more information on HealthEdge, please visit www.healthedgepartners.com or contact Elizabeth Breslin at (813)490-7104