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Chicago, June 30, 2021 /PRNewswire/-Safeguard Medical, a global leader in innovative emergency medical technology and professional training for first responders, today announced that it will acquire PerSys Medical. This strategic acquisition strengthens Safeguard Medical's global influence and product portfolio. With the addition of PerSys, Safeguard offers the widest selection of bandages and tourniquets that can be used in life-saving intensive care. The company also has a world-class R&D center with strong innovation channels in Israel, and has expanded its global distribution footprint to more than 60 countries. The transaction is expected to be completed within 30 days after administrative approval.
PerSys is known for the most advanced, globally recognized products, and brings a full range of the most popular bandages and tourniquets to Safeguard, suitable for emergency personnel active in civilian, military and public safety services. The main products include:
This combination also opens up emergency medical equipment favored by the National Defense Forces to more civilian and combat customers around the world.
"PerSys and Safeguard enjoy a complementary customer base and have long been unified in our mission. Therefore, this acquisition provides our customers with the widest selection of life-saving medical equipment and technologies, and serves as a natural extension of our product portfolio. Said Adam Johnson, Chief Executive Officer of Safeguard Medical. "This strategic acquisition will increase our flexibility as a mission driver to provide training technology and cutting-edge products for first responders around the world. As Safeguard continues to grow, our global influence and leadership in emergency medical response will also Keep improving."
After a series of mergers and acquisitions in the past two years, Safeguard Medical is ready to address today's emergency medical needs and prepare for tomorrow's needs. Distributors and customers of the two companies will continue to receive life-saving technologies from PerSys Medical and Safeguard Medical.
"By joining forces with Safeguard and bringing together two industry innovators, we are advancing a common mission: to prevent preventable deaths by putting special, easy-to-use products into the hands of the first responders," the founder and President Ofer Molad said PerSys Medical. "We look forward to continuing to serve military and law enforcement professionals, emergency medical technicians and everyday civilians as they are committed to saving lives around the world."
About Safeguard Medical Safeguard Medical has the world's leading and trusted emergency medical product technology and skills training brand. Safeguard Medical provides a strong innovation, high-quality product portfolio, simulation capabilities, training courses and consulting programs, and is committed to advancing its mission to equip and support responders of all skill levels to protect lives in any environment. Driven by innovation and real-world experience, Safeguard Medical aims to not only address the emergency medical needs of today, but also prepare for the needs of tomorrow. Safeguard Medical is a company of Water Street Healthcare Partners, which is a strategic investor focused on the healthcare industry. For more information, please visit www.safeguardmedical.com.
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