Buyer: STRONG Manufacturers
Seller: INTRO Consultants LLC
Sector: Medical Supply
Keywords: STRONG Manufacturers, INTRO Consultants, Medical Supply, Alan Bagliore, Jeff Borgstrom, GPO
Pineville, NC, July 1, 2021 – STRONG Manufacturers has announced that it has acquired INTRO Consultants LLC. Both are privately held companies. Terms of the agreement were not disclosed.
STRONG CEO Alan Bagliore commented, “INTRO Consultants brings one more dimension to the services we offer our customers and business partners. They complement our overseas sourcing & manufacturing capabilities by bringing decades of supply chain relationships to the table. This acquisition will accelerate our growth and expand our global reach into the healthcare markets and beyond. I am very excited to bring this professional, dedicated, experienced team aboard.”
INTRO Consultants Principal Jeff Borgstrom commented, “We are thrilled to announce we are joining forces with STRONG Manufacturers as of July 1st. It has been an exciting adventure for all of us at INTRO Consultants, and we cannot thank our loyal community enough. We are looking forward to this next chapter.”
About STRONG Manufacturers
STRONG Manufacturers is a leader in the disposable medical products field. The founders behind their company have a combined 100 years of experience, capabilities, and relationships when it come to overseas sourcing and manufacturing quality products here and abroad. Their results speak for themselves, as the several companies they have founded and built have gone on to become industry leaders. They leverage their long-term factory relationships and their manufacturing, plus utilize their state-of-the-art logistics capabilities to bring quality products with competitive pricing to those who need them most without any middlemen or unnecessary layers.
About INTRO Consultants LLC
INTRO is a group of executive level professionals with over 100 years of combined experience in the healthcare supply chain markets. Over the years, they have had the opportunity to build trusted relationships throughout multiple areas of the healthcare industry. INTRO’s areas of expertise include GPOs, IDNs, distribution, and alternate care markets.
The M&A market for healthcare companies continues to strengthen in 2021 and ahead of the projected increases in US capital gains taxes. There is unprecedented capital in market, the lowest interest rates in US history and strong acquirer motivations for high quality healthcare companies. Across the continuum of care, buyers and investors are looking for well established, profitable businesses and offering strong valuations and options for management.
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