Buyer: Democrasales Holdings
Seller: T-Plex Industries, Inc.
Sector: Medical Supply
Democrasales Holdings, Inc. has announced that it has acquired T-Plex Industries, Inc. The deal marks the third add-on acquisition for the Democrasales platform. St. Louis, Missouri-based T-Plex is a leading supplier of medical and surgical supplies and capital equipment to physician offices and ambulatory surgery centers. Paul Telker, who founded T-Plex, will remain active with Democrasales. Financial terms of the transaction are not being disclosed.
Gregg Rivkind, CEO of Democrasales, said T-Plex’s customer and vendor base, as well as the location of its distribution center in St. Louis, is expected to provide an opportunity for Democrasales to expand further into the Midwest region. “We believe that T-Plex, known for its commitment to a high level of customer service, will be a great fit within the Democrasales portfolio of well-known healthcare distribution brands,” Rivkind said. “This acquisition provides us with additional operational resources which we believe will further enhance the platform and help to solidify our position as a leader in the non-acute healthcare distribution market.”
Democrasales, based in Philadelphia, Pennsylvania, has made two previous acquisitions: Grogan’s Healthcare Supply and eMed Healthcare. Democrasales is 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, Lexington, KY, Little Rock, AR, St. Louis, MO and is looking at expansion opportunities. To learn more, visit: www.t-plex.comand www.democrasales.com.