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Bound Tree Medical Announces Acquisition of Alliance Medical Corporation


7/19/2011 6:49:06 AM

DUBLIN, Ohio, July 19, 2011 /PRNewswire/ -- Bound Tree Medical, the nation's leading provider of emergency medical supplies and equipment to the pre-hospital market, today announced that it has acquired Alliance Medical, Inc. ("AllMed"). The acquisition advances Bound Tree Medical's initiative to provide its customers with leading-edge equipment, supplies, pharmaceuticals, and value-added services.

Alliance Medical is a specialty distributor of emergency medical services (EMS) products, supplies, equipment and clothing. Headquartered in Jefferson City, Missouri, the company serves customers in more than 30 states. Bound Tree Medical's acquisition of Alliance Medical further extends its national footprint and expands its portfolio of specialty medical products to the EMS market.

"Our customers will be in good hands with Bound Tree Medical," said Larry Dahl, founder and chief executive officer, Alliance Medical. "Bound Tree Medical shares the same dedication as we do to offering customers high-quality products and supporting them with excellent service."

Bound Tree Medical has invested in expanding its EMS products and services since partnering with Water Street Healthcare Partners, a strategic private equity firm focused exclusively in healthcare, in 2008. In 2009, Bound Tree acquired Blue Ridge Medical, Inc., a national supplier of pharmaceuticals to the EMS market.

"We are committed to providing our customers with the widest range of medical products and technologies. Alliance Medical has a strong and proud tradition of serving the EMS community. Together, our companies offer our customers a significantly greater number of product choices, as well as enhanced support. I am excited to bring our companies together to provide greater value to our customers," said Tim Wedemyer, president, Bound Tree Medical.

Over the next few months, Alliance Medical customers will continue to do business as usual. Both Bound Tree Medical and Alliance Medical are working together to ensure a smooth transition.

About Bound Tree Medical

Bound Tree Medical is the nation's leading distributor of emergency medical equipment, pharmaceuticals and supplies to the pre-hospital marketplace. The company provides in excess of 20,000 products to EMS providers, fire departments, hospitals, educational institutions and government agencies throughout the United States and Europe. Bound Tree employs EMS-experienced account managers, customer service representatives and product specialists who understand the needs and demands of EMS providers. The company has facilities in New Hampshire, Ohio, Mississippi, Texas, Arizona, California and the United Kingdom. Bound Tree Medical is a wholly-owned subsidiary of Sarnova, Inc., a company of Water Street Healthcare Partners. For more information, visit www.boundtree.com.

SOURCE Bound Tree Medical



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