Buyer: ASP Global
Seller: Consolidated Packaging
Sector: medical supply, manufacturing
Paragon Ventures is pleased to announce the acquisition of Consolidated Packaging by ASP Global in a strategic transaction. Consolidated Packaging, LLC was founded in 2003 and delivers medical products to the US healthcare market by providing a wide range of plastic and glass consumables to the healthcare markets. The Company combines expertise in the areas of medical disposables, lean logistics and compliance to provide supply chain management and best in class products. Consolidated Packaging provides a sustainable supply of the products essential to the delivery of healthcare in America.
About ASP Global:
Based in Atlanta, ASP Global is a leading global sourcing wholesaler of hospital medical supplies. ASP Global provides global sourcing strategies and implementation for large hospitals and IDNs. Long-standing relationships with 150+ factories enable ASP Global to deliver high quality medical products at factory pricing directly to clients saving them millions of dollars per year. ASP Global is also the parent company of Tiger Medical Group which sells a broad line of high-quality hospital and medical supplies to institutional healthcare buyers worldwide as well as the parent company of SmartScoot, a manufacturer and distributor of lightweight personal mobility scooters.
About Paragon Ventures
Paragon Ventures is one of the nation’s leading specialists in the merger, acquisition and divestiture of private mid-market healthcare companies. Paragon specializes in the health care industries including all aspects of the pharmaceutical distribution, home health, hospice, behavioral health, respiratory care, infusion therapies, nursing services, medical manufacturing, distribution and related medical technologies. 800-719-1555
What does this transaction mean for the strategic options and valuation of your business? Contact Paragon Ventures for more information and visit our new website at www.paragonventures.com.