- News - School Health Corporation aquires Enablemart
HANOVER PARK, IL AND SALT LAKE CITY, UT, January 12, 2012 -- School Health Corporation (SHC), the leading provider of medical supplies and equipment to school nurses, athletic trainers and other specialty healthcare professionals, announced today the acquisition of EnableMart, a leading provider of assistive technology to the special needs community. MidCap Advisors, LLC (MidCap) represented SHC and arranged the transaction.
In recent years, School Health has successfully expanded into the complimentary markets of early childhood and special needs. "These are growing markets for us to build upon our focus of improving the health and well being of students," said Susan Rogers, School Health's President. "EnableMart's leading position in the assistive technology space, e-commerce expertise and exclusive distribution rights to several innovative products made EnableMart particularly attractive to us."
The companies plan to maintain and enhance the EnableMart brand and grow the channel by adding items from School Health's wide selection of over 20,000 products.
"We are excited about the opportunities that this acquisition will provide to the business. School Health's strong schools oriented sales force, with feet on the street in every major market in the country, and a strong catalog distribution program means that our mutual customers will have access to more products and even better service. We expect to grow each business by cross selling our collective products both directly and through our catalogs and websites. This will also allow the EnableMart team to provide more personalized attention to our non-school customers such as State Departments of Rehabilitation throughout the country," said David Lindmeir, CEO of EnableMart.
"Students with special needs deserve the same opportunity as other students - to reach their maximum educational potential," said Scott Cormack, Chief Strategy Officer, EVP for School Health. "Through our acquisition of EnableMart, we can help give students with special needs that opportunity with assistive technology."
School Health Corporation (www.schoolhealth.com) is the leading supplier of health supplies and equipment to schools. More than 95% of the top 500 school districts and largest universities in the United States purchase their products from the company annually. School Health offers customers more than 20,000 products from over 600 manufacturers. This third-generation, family-owned business, was founded in 1957 and currently employs more than 100 people.
EnableMart (www.enablemart.com) is a worldwide leader in assistive technology distribution. The company has deep expertise in technology for special education and is listed as an approved vendor in most school districts throughout the U.S. EnableMart provides over 3,000 assistive technology and assistive living devices from over 200 manufacturers to customers in all 50 States and over 45 countries worldwide. EnableMart continually seeks out and provides the best assistive technology products at the most affordable prices and remains steadfast in its mission to improve the lives of individuals with disabilities.
MidCap Advisors, LLC (MidCap) is a boutique investment banking firm that provides innovative and results oriented merger & acquisition, strategic planning, and business valuation, services to clients nationwide.