Allied 100 Acquires Lifeguard Medical Solutions
April 26, 2016
Allied 100, LLC (“Allied 100”), today announced the acquisition of Lifeguard Medical Solutions (“Lifeguard”). Lifeguard is a distributor of automated external defibrillators (AEDs) and accessories and certified by the American Heart Association as an official training services provider with a national network of over 500 instructors. Financial terms of the transaction were not disclosed.
“We are very pleased to welcome Lifeguard to the Allied 100 team,” said Micah Bongberg, CEO of Allied 100. “Lifeguard has a blue chip customer base and offers market-leading training services that will immediately add value to the combined business. Plus, this acquisition will further solidify Allied 100’s position as the largest provider of AEDs and Medical Direction in the United States.”
“Lifeguard was formed in 2003 with the mission to provide life-saving emergency cardiac devices and critical training services,” said Harvard Reynolds, who co-founded Lifeguard Medical Solutions along with Chet Frist. “Chet and I are really excited about the combination and feel that Allied 100 is the perfect platform to further our mission and offer our customers an even broader array of products, services and support.”
Allied 100 is a portfolio company of Ridgemont Equity Partners.
About Allied 100
Allied 100 is a leading provider of products and services to the automated external defibrillator marketplace.
About Ridgemont Equity Partners
Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested over $5 billion. The firm focuses on equity investments up to $250 million and utilizes a proven, industry-focused investment approach and repeatable value creation strategies. Ridgemont’s most recent flagship fund, REP III, was formed in 2018 and has $1.65B of committed capital.