dbg, a portfolio company of UK lower middle market investor Synova Capital has acquired TAG Medical for an undisclosed amount.
Based in Nottingham, UK, TAG provides on-site testing and calibration services for key medical equipment at over 3000 site locations, focussing on the GP, hospital and pharmacy markets. The company has over 2500 customers, the majority of which are on three year rolling contracts.
The acquisition, which was supported by additional facilities provided by The Co-operative Bank, will add the GP, hospital and pharmacy markets to dbg’s
established presence in the dental market.
As stated by CEO John Rochford, TAG will allow dgb to cross-sell its compliance, training and health and safety services to TAG’s customer base.
dbg is a UK leading provider of services and products into the dental sector, supporting over 8000 practice locations, with services that include CPD training, compliance audits, equipment maintenance and inspection and the supply of dental materials.
FinSMEs
26/02/2012