Canadian Hospital Specialties Ltd.

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Canadian Hospital Specialties Ltd. - overview

Established

1967

Location

Oakville, ON, Canada

Primary Industry

Medical Devices & Equipment

About

Canadian Hospital Specialties Ltd. is a provider of a diverse range of medical devices and specialty products for critical care and other healthcare applications, focused on enhancing patient safety and operational efficiency in hospitals and clinics. Canadian Hospital Specialties Ltd. is headquartered in Oakville, Canada, and specializes in medical devices for critical care, neonatal intensive care units, and vascular access.


The company was founded in 1967. In April 2021, the firm was acquired by Flexpoint Ford from the Cortec Group. The CEO is Mike Canzoneri. Throughout its operations, the company has executed a total of 4 deals, with the most recent deal occurring on April 22, 2021.


Canadian Hospital Specialties (CHS Ltd. ) specializes in providing a comprehensive range of medical devices and hospital specialty products tailored for critical care, neonatal intensive care units (NICU), vascular access, interventional surgical and perfusion, as well as respiratory and anesthesia applications. Their product line is designed to meet the unique needs of healthcare providers, ensuring optimal patient safety and care. CHS Ltd.


serves a diverse clientele, including hospitals, clinics, and healthcare facilities across various geographical markets such as Canada, the United States, and select international markets. With a focus on rigorous testing and adherence to strict industry standards, CHS Ltd. delivers solutions that address the complexities of patient care for individuals of all ages, enhancing overall healthcare delivery. CHS Ltd.


operates on a direct-to-business model, providing their medical products to healthcare institutions through established partnerships and direct sales. These transactions typically involve bulk orders placed by hospitals and clinics, where pricing structures are determined based on the volume of units purchased and specific product lines, including flagship offerings in critical care and vascular access. The company's revenue is generated primarily through these direct sales, ensuring that healthcare providers have timely access to essential medical supplies. CHS Ltd.


emphasizes competitive pricing and exceptional service as part of their value proposition, aiming to strengthen long-term relationships with their clients while focusing on client satisfaction and reliability in product delivery. Following its acquisition by Flexpoint Ford in April 2021, Canadian Hospital Specialties Ltd. is focusing on developing new products designed to enhance healthcare delivery in critical areas. Specific release dates for these products have yet to be disclosed.


The company is also planning to expand its market reach into additional international regions, aiming to establish a stronger presence in select markets by 2023. Recent funding will be utilized to support these product developments and market expansion efforts.


Current Investors

Flexpoint Ford

Primary Industry

Medical Devices & Equipment

Sub Industries

Surgical Devices, Medical Supplies

Website

www.chsltd.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Canadian Hospital Specialties Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedRespan-
Add-onCompletedStadco Polyproducts-
Add-onCompletedVelmed-
Secondary BuyoutCompletedCanadian Hospital Specialties Ltd.-
Private DebtCompletedCanadian Hospital Specialties Ltd.-

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