Overview
Offered for sale is a leading distributor of medical equipment and technology across patient monitoring, simulation, ultrasound and connectivity solutions.
Products range from small essential accessories to full system installations with a value of up to £500k, all of which are maintained by the company.
Operating for over a decade, the business has exclusivity rights across Northern Ireland and the Republic of Ireland, holding long-term partnerships with two of the world’s leading manufacturers, alongside other key major blue-chip players. This has led to a strong client base comprising a multitude of hospitals and private practices, presenting an ideal platform from which a new acquirer can facilitate further growth.
Offered for sale to promote growth under the impetus of new leadership and to facilitate retirement plans.
Offers invited.
Key Highlights
- Collaborates with clinicians to provide intelligent and accessible solutions that prioritise patient care.
- Well-placed to capitalise on a significant number of frameworks which could be extended into various clinical arenas.
- ISO 9001 and ISO 14001 accredited.
- Provides state-of-the-art products for anaesthetics, intensive care units (ICUs), general wards, pre-hospital transport, and primary care.
- Works with over 100 clients, all of which provide ongoing streams of reliable revenue.
- Has at least one of its products in every hospital across Northern Ireland and the Republic of Ireland.
- Dedicated workforce in place, led by a highly experienced second-tier management team.
- Operates from leasehold premises in Northern Ireland.
Financial Highlights
- YE24 turnover of £7.3m, with an adjusted EBITDA of £731k.
- YE25 outturn turnover of £11.5m, YE26 forecast turnover of £16.3m.
-75% of sales are generated from clients in the Republic of Ireland, whilst the remaining 25% derive from Northern Ireland.
- Has ongoing service-level agreements and service contracts in place, which accounts for 5% of the business’s turnover.
