Allied 100 Is Acquired by Sarnova

Industrial
Healthcare

Allied 100, a portfolio company of Ridgemont, acquisition by Sarnova, a portfolio company of Patricia Industries


Summary

Allied 100, LLC (“Allied 100” or the “Company”), a portfolio company of Ridgemont Equity Partners (“Ridgemont”), has been acquired by Sarnova, Inc. (“Sarnova”), a portfolio company of Patricia Industries.

Baird served as the lead financial advisor to Allied 100, LLC on this transaction

About

Allied 100 is a leading specialty distributor and solutions provider of critical life-saving community and workplace health and safety solutions. The Company offers a broad array of products and services including automated external defibrillators (AEDs) and related parts and accessories, advanced life support (ALS) equipment, training equipment products, personal protective equipment, CPR and basic life support training, and AED program management software. Allied 100 is headquartered in Bannockburn, Illinois.

Ridgemont is a middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested over $5 billion. Ridgemont focuses on equity investments up to $250 million and utilizes a proven, industry-focused investment approach and repeatable value creation strategies. Ridgemont’s most recent flagship fund, REP III, was formed in 2018 and has $1.65 billion of committed capital. Ridgemont is headquartered in Charlotte, North Carolina.

Sarnova is a leading national specialty distributor of healthcare products in the emergency medical services and acute care markets. Sarnova is comprised of business units focused on acute care, emergency preparedness and sudden cardiac arrest solutions. Sarnova is headquartered in Dublin, Ohio.

Patricia Industries, a part of Investor AB, makes control investments in leading companies with strong market positions, brands and corporate cultures within industries positioned for secular growth. Patricia Industries’ ambition is to be the sole owner of its companies, together with strong management teams and boards. Patricia Industries invests with an indefinite holding period and focuses on building durable value and capturing organic and non-organic growth opportunities. Patricia Industries is headquartered in Stockholm, Sweden.
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Industrial
Healthcare

Allied 100, a portfolio company of Ridgemont, acquisition by Sarnova, a portfolio company of Patricia Industries

Date
September 2021
Company
Allied 100, LLC
Transaction
M&A - Sellside
Sectors
Industrial
Healthcare
Verticals
Distribution
Medical Technology
Target Geography
North America
Acquiror Geography
North America

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