Democrasales, Inc. has announced that it has acquired Grogan’s, Inc.
| Democrasales, Inc. has announced that it has acquired Grogan’s, Inc. of Lexington, Kentucky, an industry-leading distributor of medical and surgical supplies and equipment. Customers of the combined company will have access to a broader array of products and services together with proprietary sales technology that adds convenience for customers while significantly reducing the combined company’s cost of sales. The combined company is led by Gregg Rivkind. Alan Grogan, who will remain with the company as Executive Vice President of the combined business, is a highly respected 40 year veteran of the healthcare distribution industry. Paul Kaliner, former CEO and President of Delaware Valley Surgical Supply, sits on the Board of Directors of the company. “We are extremely excited to bring these two great companies together. Democrasales and Grogan’s share a vision - to be the most customer-centric supplier of products that healthcare providers need to operate and service its own customers,” said Gregg Rivkind, Chief Executive Officer. “Consolidation in the healthcare industry, particularly among distributors, has stifled innovation, has led to declining service levels, and has created a void in the market that non-traditional suppliers are now seeking to exploit. Combining the Democrasales technology platform with Grogan’s distribution network, sales expertise, and strong customer relationships allows us to establish a new industry benchmark for superior quality, service and value. Each day we will strive to provide our customers with the most competitive prices, the broadest product selection, the ease of doing business, and the superior customer service they deserve. I am honored to work with Alan and Paul, both of whom have outstanding track records of delivering results and building great businesses.” “I have known Alan Grogan for 30 years,” said Paul Kaliner, “I believe the addition of the Grogan’s team to the Democrasales platform is an important step in executing our strategic plan for Democrasales in the Med/Surg space.” “This is great news for classic independent distribution. Everyone here is excited to be part of continuing our 58-year old tradition of putting the customer first every day. At the same time, healthcare is changing and as a small company that successfully competes every day with global enterprises, we need new solutions to compete for every customer while giving healthcare providers more flexible options for their supply chain. This new partnership provides us with new solutions, resources, and partners with great experience, track record and vision for the future of our business.” About Us Together, Grogan’s and Democrasales become one of the largest independent healthcare distributors focusing primarily on the non-acute market in the U.S. The company offers products, capital equipment, services, and technology and supply chain solutions to the entire continuum of care with divisions and experienced professionals dedicated to: physician offices, clinics, ambulatory surgery centers, long term care facilities, small hospitals, community health centers, occupational health, correctional healthcare, EMS, labs, government facilities, home care, hospice, schools and universities, and pharmacies. The company currently has locations in Philadelphia, PA, and Lexington, KY and is looking at expansion opportunities. To learn more, visit: www.grogans.com and www.democrasales.com Media contact View original content:http://www.prnewswire.com/news-releases/democrasales-acquires-grogans-300696244.html SOURCE Democrasales, Inc. |
