Mirus advises Tunstall Healthcare Group in the sale of Tunstall Americas to Connect America
Mirus Capital Advisors announced that it advised Tunstall Healthcare Group, a global leader in connected health and connected care services, in the sale of its US subsidiary to Connect America, the nation’s largest independent provider of personal emergency response systems (PERS). Financial terms of the deal were not disclosed.
The integration of Tunstall Americas with Connect America joins two consumer and healthcare market leaders, bringing together over 1000 employees, more than 300,000 shared subscribers, and more than 1000 healthcare network partners. The companies will come together under the Connect America brand name, and deliver a best-in-class, connected health experience that will allow healthcare providers to better manage their patients’ health, safety, and security, thereby enhancing ongoing quality of life while reducing hospital admissions and readmissions. Individual subscribers will benefit from Connect America’s extensive portfolio of innovative, state-of-the-art PERS systems and 24/7/365 remote monitoring services.
“As a company, Connect America is continually innovating and looking at new ways to solve the most pressing issues facing individuals and healthcare providers,” said Oscar Meyer, President & CEO, Tunstall Americas. “By bringing together our respective businesses, we will deliver an unbeatable connected health experience.”
Regarding the role of Mirus in guiding the transaction to completion, Mr. Meyer said, “Mirus became such an important part of our business during these past months and always brought their best thinking and effort to play. We could not have picked a better partner to help guide Tunstall through this transaction. The Mirus team persisted, remained focused, kept the transaction on track and delivered on their promise.”
About Tunstall Healthcare Group
Tunstall is a market-leading provider of technology-based health and care solutions and services which improve its customers’ ability to deliver new, more efficient and effective models for health and care management in the community setting. Established in the UK in 1957, Tunstall now operates in 38 countries around the world and supports more than 5 million end users through its technology and service offerings. For more, visit www.tunstall.com.
About Mirus Capital Advisors
Successful business owners have turned to Mirus Capital Advisors for more than 30 years to help them realize their ultimate accomplishment – the sale of their business. As a mid-market investment bank focused on mergers and acquisitions, Mirus drives successful deals for companies in the healthcare, business services, industrial, consumer, and technology industries. Mirus has proven time and again that its deep industry expertise, focus on relationships, thorough preparation and unwavering commitment to every deal lead to meaningful accomplishments for business owners. For more, visit www.merger.com.
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