Mid America Audiology Group, Ltd.
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Mid America Audiology Group, Ltd. - overview
Established
1983
Location
-, IL, US
Primary Industry
Medical Devices & Equipment
About
Mid America Audiology Group, Ltd. is a hearing care provider specializing in comprehensive audiological services, including hearing testing, treatment, and fitting of advanced hearing aids tailored to individual needs. Founded in 1983 in Alton, US, Mid America Audiology Group, Ltd. is dedicated to delivering specialized hearing care solutions.
The company was acquired by Alpaca Audiology, LLC in March 2018 as part of a strategic investment by Thompson Street Capital Partners and Beverly Capital. Mid America Audiology Group specializes in providing comprehensive hearing care solutions through services such as hearing testing, evaluation, and treatment. They offer a holistic approach to hearing health, including advanced diagnostics to identify hearing loss impacts, and recommend tailored treatment plans with state-of-the-art hearing technology. Their clientele includes individuals facing hearing loss, workplaces needing hearing protection, and music enthusiasts aiming to preserve their auditory experiences.
The company serves clients across Missouri and Illinois. The revenue model of Mid America Audiology Group centers around direct-to-consumer transactions for hearing care services and products. Clients engage for initial assessments that lead to purchases of customized hearing aids and accessories. Collaborations with insurance companies enhance service accessibility.
Various pricing plans are available for hearing aids and tinnitus treatments, with financing options included in their total care program. Mid America Audiology Group plans to leverage its most recent funding from the acquisition in March 2018 to enhance its service offerings and expand its geographical presence. Upcoming product designs are targeted for release in the next year, with a specific focus on innovative hearing aid solutions. The company aims to enter new markets across neighboring states by 2023, increasing its reach to better serve diverse communities.
Current Investors
Alpaca Audiology, LLC
Primary Industry
Medical Devices & Equipment
Sub Industries
Healthcare, Medical Devices & Equipment
Website
www.midamericaaudiologygroup.com
Verticals
HealthTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Mid America Audiology Group, Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Mid America Audiology Group, Ltd. | - |
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