Direct Healthcare Group (DHG), a manufacturer of pressure care solutions, has acquired Transflo Cushion brand from Karomed, its third bolt-on since NorthEdge Capital supported an MBO in April 2016.
Based in Caerphilly, DHG specialises in the development of clinically effective solutions for the delivery of harm-free patient care.
The Group now consists of award-winning pressure care management business Direct Healthcare Services, bariatric rental specialist Nightingale Care Beds and specialist seating product manufacturer Kirton Healthcare.
The Transflo Cushion has been in the pressure care market for over 30 years, establishing itself as one of the UK’s leading high-risk gel cushions across acute and community care settings.
The acquisition from pressure care equipment supplier Karomed continues to display the Group’s sustained period of growth as a leading British manufacturer.
Graham Ewart, CEO of Direct Healthcare Group, says: “The acquisition of the Transflo Cushion range enables DHG to offer Transflo customers an enhanced provision of service and product quality through our ISO 13485 accredited business management system.
“By increasing our product offering we ensure that we are providing innovative, market leading pressure care management that makes a real difference to our healthcare professionals and the patients they provide care for.
“DHG’s global network will allow the Transflo Cushion range to be offered across Europe and Asia-Pacific for the first time, providing a strongly regarded, high-risk preventative product worldwide. This represents our continued intent to deliver pressure care solutions that provide value and benefit to our healthcare providers.”
Andrew Skinner, investment manager at NorthEdge Capital, says: “The team at DHG has continued to grow the business both organically and through the acquisition of specialist products and brands. This latest deal adds to the Group’s diverse portfolio and supports further its growth in the healthcare market. Transflo Cushions is highly regarded in the market, so we are pleased to welcome the product to the Group and support DHG’s focus on providing outstanding patient care solutions.”
Ben Bradley and Nigel Barratt of HURST Corporate Finance, and Paul Johnson and Rachel Clarkson of law firm Ward Hadaway, advised Karomed on the deal.
Bradley, corporate finance manager at HURST Corporate Finance, says: “The Transflo Cushion is an extremely popular and proven product which has significant potential for growth.
“Its sale will enable the Transflo brand to achieve its full potential and allow Karomed to focus on its other products.
“I’m certain that the Transflo brand will go from strength to strength globally under the ownership of DHG, and wish Graham and the rest of the management team all the very best for the future.”
