Woodbury Health Products announced that its affiliate, Wilmington Medical Supply, 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.
MTS Health Investors, LLC, located in New York, is a healthcare private equity firm that makes investments in operating companies within the healthcare industry.