CHICAGO–(BUSINESS WIRE)–Jan 6, 2023–
AA Medical (“AA Medical” or “the Firm”), a supplier of sustainable options to each the brand new and resale medical machine tools markets, is happy to announce it has accomplished a partnership with Certified Endoscopy Products (“Certified Endoscopy” or “Certified”), a number one Chicago-based medical machine reprocessing firm specialised in endoscopic units. Collectively, AA Medical and Certified Endoscopy will type a preeminent medical machine reprocessing firm serving the endoscopy, orthopedic, and different surgical machine markets.
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AA Medical works with physicians in over 100 international locations and has grown into one of many largest and most revered aftermarket tools corporations in endoscopy, orthopedics and different specialties. The Firm partnered with Shore Capital Companions (“Shore” or “Shore Capital”), a Chicago-based personal fairness agency targeted on microcap investing, in April 2022 to construct a technology-driven medical tools platform. The partnership with Certified Endoscopy aligns with AA Medical’s progress technique and imaginative and prescient.
Based in 2015 by Michael (“Mike”) Cole and John Fuller, Certified Endoscopy supplies top quality surgical tools at reasonably priced costs to clients worldwide. Mr. Cole and Mr. Fuller are veterans within the medical machine business, with over 45 years of mixed expertise. From the Firm’s Chicago warehouse, Certified serves 1000’s of shoppers in over 80 international locations.
“We’re extremely excited to announce our partnership with Certified Endoscopy and collectively work in direction of our purpose of connecting the world with life-sustaining medical tools,” stated Matt Nelson, AA Medical CEO.
Mr. Cole, Co-Founding father of Certified, added, “We look ahead to uniting two of the main corporations inside surgical machine reprocessing. Our joint platform can revolutionize the third-party medical tools market and guarantee physicians have the tools needed to supply their sufferers with the absolute best outcomes.”
“Certified and AA Medical have competed as friends for a number of years, and united collectively, we consider we possess the size and market information to drive transformational progress for our companies,” stated Mr. Plantz, AA Medical’s founder
The connection between the Certified and AA Medical groups dates again to Mr. Plantz’s and Mr. Fuller’s shared beginnings at Stryker. Earlier than founding Certified Endoscopy, Mr. Cole was a frontrunner at AA Medical and labored intently alongside the present AA Medical workforce.
Mr. Fuller, Co-Founding father of Certified, stated, “Our organizations have rather a lot to study from one another to drive even quicker progress for our corporations and higher service for our clients.”
AA Medical and Shore are partnering to construct a robust and diversified medical reprocessing firm collectively by way of new business partnerships, enterprise improvement and additional funding within the firm’s merchandise and workforce.
Don Pierce, Companion at Shore Capital and Board Member of AA Medical, stated, “Shore is proud to associate with John, Mike, and the whole Certified Endoscopy household. We have now developed a robust relationship with the management workforce over the previous yr and consider Certified has constructed a wonderful enterprise targeted on serving their clients’ distinctive wants.”
About AA Medical
AA Medical has offered sustainable options to each the brand new and resale medical tools markets since 2012, with a focus in endoscopic, orthopedic, and different surgical units. As a essential associate in price containment, AA Medical helps medical services unlock residual worth from unneeded tools whereas offering reprocessed tools that in any other case can be prohibitively costly to buy new to small, rural, specialty, and worldwide medical services. For extra info, please go to www.aamedicalstore.com.
About Certified Endoscopy
Certified Endoscopy is a medical machine reprocessing firm primarily based in Schiller Park, Illinois with a focus in endoscopy tools for the visualization, arthroscopic, laparoscopic, and different surgical finish markets. Based in 2015, Certified serves 1000’s of shoppers in over 80 corporations and has constructed the repute as one of many world’s largest suppliers of reprocessed endoscopy tools. For extra info, please go to www.certifiedendoscopy.com.
About Shore Capital Companions
Shore Capital, a Chicago-based personal fairness agency with workplaces in Nashville, is concentrated on microcap investments throughout the Healthcare, Meals and Beverage, Enterprise Companies, and Actual Property industries. Shore helps administration companions with capital, enterprise improvement experience, and business information to speed up progress, fund acquisitions, and generate worth for shareholders. Shore targets investments in confirmed, profitable personal corporations with superior administration groups, secure money circulation, and important progress potential, together with natural progress and progress by way of business consolidation. Shore has roughly $3 billion of cumulative capital commitments by way of varied funding autos. For extra info, please go to: www.shorecp.com.
View supply model on businesswire.com:https://www.businesswire.com/information/house/20230106005061/en/
CONTACT: Shore Capital Companions
Jordan Niezelski, Edelman Smithfield
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: SURGERY MEDICAL DEVICES HOSPITALS HEALTH MEDICAL SUPPLIES
SOURCE: AA Medical
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PUB: 01/06/2023 09:00 AM/DISC: 01/06/2023 09:02 AM