RoundTable Healthcare Partners (Lake Forest, IL) announced today that its portfolio company, TIDI Products LLC (Neenah, WI), acquired the J.T. Posey Company (Arcadia, CA). Posey is a manufacturer of falls management and patient safety products.Approximately 860 Posey team members will join the TIDI organization, including a 45-person direct sales force that will expand TIDI’s direct selling footprint to nearly 70 people across the U.S. The Posey selling organization will remain standalone and continue delivering cost-effective and solutions-oriented falls management and patient safety products. The financial terms of the transaction were not disclosed.
Market Pulse transactions shown herein are provided as a matter of public record. These transactions have been compiled from press releases, corporate announcements and other public sources to provide an overview of acquisition and merger activities within the healthcare and life sciences sectors.