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Solara Medical Supplies acquires Pal-Med Inc

Solara Medical Supplies Inc., a direct-to-patient distributor of diabetes therapy devices and supplies, has acquired South Carolina-based Pal-Med Inc, PE Hub reported. Financial terms of the transaction were not announced. Pal-Med Inc is a provider of insulin pumps, glucose meters, test strips and other supplies for diabetics. Brown & Fortunato PC served as legal advisor to Solara on the transaction. Solara Medical Supplies is backed by private equity firm Linden Capital Partners.

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Mergers and Acquisitions,M&A,M&A deals,Healthcare