Briefly: Arriva Buys Direct Diabetic

Deal involves $2.5 million cash purchase.

National diabetic supplies provider Arriva Medical has acquired Direct Diabetic Source Inc. in a transaction valued at approximately $5 million. The transaction included a cash payment of $2.5 million at closing, and contingent payments, which are expected to total $2.5 million. Based in Sunrise, Fla., Direct Diabetic Source had a customer base of approximately 25,000 active customers.

About the Author

David Kopf is the Editor of HME Business.


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