"We are proud to announce that Pacific Medical will now be a part of a team of best-in-class companies under the JHP umbrella." - Andy Bonin, President and CEO
San Juan Capistrano, CA (PRWEB) August 04, 2016
Pacific Medical announced today that it has been acquired by Jordan Health Products (JHP).
“We are proud to announce that Pacific Medical will now be a part of a team of best-in-class companies under the JHP umbrella,” said Andy Bonin, President and CEO. “Jordan has a proven track record of partnering with successful management teams to achieve continued growth.”
Over the past several years Pacific Medical has significantly expanded its capabilities and customer base, while demonstrating the ability to enter new markets both nationally and globally.
The acquisition reflects JHP’s belief in Pacific’s future and will keep the strong leadership team in place. Pacific Medical will continue to expand the company’s presence in the market with the financial and strategic support of JHP. Customers will continue to experience Pacific Medical’s industry leading commitment to customer and patient focused service.
The organization will be part of the JHP portfolio of healthcare companies, providing incremental resources, networking and cross-selling opportunities. JHP is focused on a strategic expansion into the rapidly growing, highly fragmented global equipment market. Currently JHP is comprised of four companies in addition to Pacific Medical:
- Global Medical Imaging, LLC, Charlotte, NC
- DRE Medical Group, Inc., Louisville, KY
- Integrated Rental Services, Inc., Louisville, KY
- Oncology Service International Inc., Montebello, NY
JHP expects additional acquisitions to further augment service expansion and growth across these platforms.
About Pacific Medical
Pacific Medical is the leading source for reliable repair and recertified monitoring equipment. The dual ISO certified facilities house numerous industry certified engineers to ensure each piece of equipment is ready for patient use. The company carries a large inventory of patient monitors and OEM parts from all major brands of manufacturers.
About Jordan Health Products
Jordan Health Products (“JHP”) is successfully deploying a strategy of acquiring, partnering and growing with medical, surgical, and diagnostic imaging equipment companies to become a major industry player in North America and internationally. JHP’s healthcare equipment and service business is focused on the complete lifecycle of medical, surgical and diagnostic imaging equipment, including sales, install, service, repair, sourcing and refurbishing. Through organic growth and targeted acquisitions, JHP will provide a breadth of service and product offerings to a variety of customers located throughout North America and the world.
By working together, the JHP companies and their respective management teams can offer customers a broader range of products and services on a national basis while maintaining control at the local level.