FLORAL PARK, N.Y.–(BUSINESS WIRE)–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.”
Woodbury Health Products, Inc. is distributor of incontinence and
catheter-related supplies. The company offers a broad product portfolio
of over 500 incontinence SKUs and over 650 catheter SKUs that are
delivered directly to customers in their homes. Headquartered in Floral
Park, NY, the company offers nationwide distribution from its central
distribution center in North Carolina. For further information, please
MTS Health Investors, LLC, located in New York, is a healthcare private
equity firm that makes investments in operating companies within the
healthcare industry. MTS focuses on companies that deliver greater value
for every dollar spent in healthcare. Industry sectors in which MTS
invests include: providers of outsourced solutions to the healthcare
industry; providers of direct medical services to patients in an
institutional, ambulatory, or home setting; providers of managed care
and other healthcare insurance services; distributors of medical
products; and manufacturers of low-technology medical devices and
supplies. For further information, please visit www.mtshealthinvestors.com.
Owen Blicksilver Public Relations, Inc.
Caroline Luz, 203-656-2829