Stealth Products, a Quantum Rehab company, has acquired Accessible Designs, Inc. San Antonio-based ADI is best known for its ultralight wheelchair seating systems and aftermarket accessories, including disc brakes that increase functionality and safety. “Stealth and ADI have worked together for many years with complementary mobility-related products,” stated Lorenzo Romero, president of Stealth Products. “With shared visions of furthering product innovation, our companies align so well that we feel strongly that this acquisition can serve the market even better.” All manufacturing, distribution and sales responsibility for ADI products will transfer to Stealth Products effective July 1, 2015. Todd Hargroder, the founder and CEO of ADI, will move to Stealth in a senior engineering role. Dylan Springfield, the company’s national sales manager, will also move into a new sales role with Stealth.
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.