Tag: Connect America
Connect America's Healthcare Division acquires
April 18, 2018Spencer Ives
BALA CYNWYD, Pa. and PETALUMA, Calif.—Connect America, a large independent provider of PERS devices in North America, in early April announced that it acquired the Petaluma Health Care District's (PHCD) Medical Alert System Program, Lifeline of the North Bay, based in Petaluma, Calif.
“Lifeline of the North Bay will become Connect America West and serve as a base to expand the reach of Connect America's Healthcare Division throughout the state of California, bringing medical alert and...
PERS provider acquires two
December 7, 2016Spencer Ives
BALA CYNWYD, Pa.—Connect America, a large provider of PERS products, recently announced two acquisitions through its Healthcare Division; Racine's Medical Alert, based in La Junta, Co., and Spirit Homecare's Medical Alert Division, located near Des Moines, Iowa.
“We acquire… local providers that really have a regional reach and the opportunity to grow those businesses by cultivating referral sources in the geography where they operate,” Richard Brooks, president of Connect America's...
Connect America expands in Kansas
July 13, 2016Spencer Ives
Connect America, a multi-channel PERS and home medical distribution company based here, is growing its market presence in the central U.S. with its recent acquisition of Home Buddy, a Kansas based PERS and medical solution provider with about 4,000 subscribers.
“The goal is to grow that geography into Oklahoma, Nebraska, Missouri, Iowa … to create a large regional base of operations for the business,” Richard Brooks, president of Connect America's Healthcare Division, told Security...
PE ponders PERS
October 23, 2013Leif Kothe
ST. LOUIS—There will be more transactions in the typically quiet PERS space over the next six to 12 months, and maybe even sooner, according to Henry Edmonds, president of The Edmonds Group, an investment bank here, which specializes in recurring-revenue businesses.An aging population, soaring medical expenses and outside financing could be enough to galvanize the trading market, Edmonds told Security Systems News. He expects private equity to play “a very significant” role, because...
Life Alert sues Connect America, LifeWatch USA
June 5, 2013Rich Miller
LOS ANGELES—Life Alert, a leading provider of personal emergency response systems, has filed suit against competitors Connect America and LifeWatch USA, alleging they have been impersonating Life Alert through fraudulent “robo-calls” and other telemarketing to obtain new customers.The lawsuit, filed in U.S. District Court here on May 14, alleges unfair competition, false designation of origin, trademark infringement and trademark dilution.The suit states that at some point prior...
Rockbridge buys Connect America in third 'largest PERS deal ever'
January 20, 2011Daniel Gelinas
DETROIT—It's the third largest personal-emergency-response-system company purchase, and it bodes well for the PERS industry, according to Connect America president and CEO Ken Gross.
Rockbridge Growth Equity on Jan. 12 announced it had acquired direct-to-consumer PERS company Connect America for an undisclosed sum in a deal that brings 75,000 accounts worth around $2.2 million in RMR to investor Rockbridge, according to Gross.
“The PERS industry should be proud of this transaction—this...