Integrated Rental Services Acquired By Jordan Industries

Buyer: Jordan Industries
Seller: Integrated Rental Services
Date / Year: October 20, 2015
Sector: Medical Equipment Rental, Asset Management

Integrated Rental Services a growing medical equipment rental firm, has announced its acquisition by Jordan Industries International

With support from JII, Integrated Rental is poised for expansion while improving its offering of equipment rentals and maintenance services to hospitals, surgery centers, clinics, research labs and medical facilities across the United States.

General Manager Robert Bean is excited about the commitment and resources JII brings to the business.  Bean states, “This is an opportunity for the development of a best in class nationwide medical equipment rental and service organization. Not only does it enhance our ability to serve our customers but it provides continued growth opportunities for our dedicated staff.”  Integrated Rental joins DRE, Inc. (“DRE”) and Global Medical Imaging, LLC (“GMI”) as recent JII acquisitions in its strategic build-up in the medical equipment market. DRE is a leading provider of a broad range of new and refurbished medical equipment while GMI excels in diagnostic ultrasound systems, nuclear cameras, and maintenance services. The combination provides a complementary relationship which immediately adds value by expanding the products and services offered to the collective customer base.

JII is pursuing additional acquisitions in the broader medical equipment market to further augment the growth of Integrated Rental, DRE and GMI by providing cross-selling opportunities, additional resources, and the sharing of best practices. JII’s permanent capital base will allow the organizations to grow both organically and through acquisition.

About Integrated Rental Services
Integrated Rental specializes in equipment rental and maintenance services for hospitals, surgery centers, clinics, research labs and medical facilities across the United States. Integrated Rental provides medical professionals with premium quality equipment to meet peak demands and fulfill special inventory needs. Founded in 1997, Integrated Rental is a rental partner to DRE, Inc., based in Louisville, Ky.

About JII
Headquartered in Chicago, JII is a diversified private investment company that acquires businesses such as DRE to foster their growth and create long-term value. Founded in 1988, JII has acquired more than 100 companies and established a track record of teaming up with growth-oriented organizations and their management teams to build industry-leading companies.

Read the full story at http://www.prweb.com/releases/2015/12/prweb13106516.htm

What does this transaction mean for the strategic options for your healthcare business?
Contact Paragon Ventures for more information.  www.paragonventures.com  800-719-1555
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