Medical-Equipment Maintenance Business was acquired by Private Buyer

Medical-Equipment Maintenance Business was acquired by Private Buyer

Medical-Equipment Maintenance Business was acquired by Private Buyer

Transaction Description

A niche medical-equipment maintenance company, that services medical gas equipment, including emergency repairs and upgrades of thereof. The business operates on secure multi-year contracts with hospitals and medical facilities. The business has a loyal client base, including over a dozen hospitals and medical facilities in the GTA. Furthermore, the company maintains excellent relationships with both its clients and suppliers, fueling consistent revenue streams. Due to the nature of the business, there is no seasonality in the business operations. Opportunities to grow exist in both service and repairs as part of the business, as well as, by increasing product sales to its client base. Shifting to reporting software and electronic work orders is an easy way to scale the business, and further increase the revenue. The company’s employees are exceptionally trained professionals with appropriate designations in licenses to conduct work within the medical facilities. In order to operate the business, the owner is expected to have a general knowledge of the governing medical gas code. This is a turn-key business opportunity for a healthcare technical service provider, a construction company involved in the medical equipment industry, or an investor seeking a lucrative opportunity. The numbers presented below are the average for the last two full fiscal years for the company.

Transaction Details

Private Buyer

Greater Toronto Area

Medical-Equipment Maintenance Business

Greater Toronto Area

Beacon acted as an exclusive sell-side advisory in the transaction.