Deal Details
Advanced Diabetes Supply Group Is Acquired by Cardinal Health
Summary
Advanced Diabetes Supply Group (“ADSG”), a portfolio company of Court Square Capital Partners (“Court Square”), has been acquired by Cardinal Health, Inc. (“Cardinal Health”) (NYSE: CAH) for $1.1 billion.
Baird served as co-advisor to ADSG on this transaction.
About
Founded in 2002, ADSG is a leading national distributor of specialized diabetes supplies. ADSG is made up of the Advanced Diabetes Supply (“ADS”) and United States Medical Supply (“US MED”) brands, both of which share a vision to be one of the nation’s premier diabetes equipment suppliers. ADSG is headquartered in Carlsbad, California.Court Square is a middle market private equity firm with over 40 years of experience in the industry. Since 1979, Court Square has completed over 245 platform investments and is focused on helping Founders, Families and Manager-owners to develop their companies into leaders in their respective markets. Court Square invests in companies that have compelling growth potential in the industrial, business services, healthcare and tech and telecom sectors. As of June 2024, Court Square has $8.9 billion in assets under management and is headquartered in New York, New York.
Cardinal Health is a distributor of pharmaceuticals and specialty products; a global manufacturer and distributor of medical and laboratory products; a supplier of home-health and direct-to-patient products and services; an operator of nuclear pharmacies and manufacturing facilities; and a provider of performance and data solutions. The firm’s customer-centric focus drives continuous improvement and leads to innovative solutions that improve people’s lives every day. Cardinal Health is headquartered in Dublin, Ohio.
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- Date
- April 2025
- Company
- Advanced Diabetes Supply Group
- Transaction
- M&A - Sellside
- Sectors
- Healthcare
- Verticals
-
Medical Technology
- Target Geography
- North America
- Acquiror Geography
- North America
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