Posey Products, LLC
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Posey Products, LLC - overview
Established
1937
Location
-, CA, US
Primary Industry
Medical Devices & Equipment
About
Posey Products, LLC is a healthcare company specializing in medical solutions focused on patient safety and falls prevention, providing essential products that enhance clinical education and ensure safe mobility in healthcare environments. Founded in 1937, Posey Products, LLC operates from Arcadia, US, and specializes in medical products aimed at increasing patient safety. In February 2017, the company was acquired by TIDI Products, a portfolio company of RoundTable Healthcare Partners, LLC, which continues to expand its offerings in the healthcare sector. Posey, a brand under TIDI Products, specializes in a comprehensive range of medical products focused on patient safety, falls prevention, and clinical education.
Core offerings include restraint and restraint alternative devices designed to mitigate the risk of patient falls and ensure safe mobility within healthcare environments. Notable products like the Posey Enclosure Bed provide a secure setting for patients at risk of self-harm, while Grip-Lok securement devices keep medical lines and respiratory products in place. Posey's solutions are vital for hospitals and healthcare facilities, serving over 70% of U. S.
hospitals and extending their services internationally to markets such as Canada and Europe, addressing specific regional needs. Posey generates revenue primarily through direct sales to healthcare institutions, including hospitals and long-term care facilities, via business-to-business (B2B) arrangements. These transactions often involve bulk orders based on the specific needs of each facility, sometimes through distributor partnerships that enhance access to Posey’s offerings. While individual product pricing is not disclosed, the company's revenue is supported by ongoing demand for essential medical devices that are critical for maintaining safety standards in patient care environments.
Posey Products, LLC aims to enhance its product lineup with new innovations in patient safety and falls prevention. The company plans to expand its market reach, targeting regions outside of the US, particularly in Europe and Asia, by 2025. The acquisition by TIDI Products in February 2017 provides a strategic advantage for funding these initiatives, allowing Posey to leverage resources for product development and market expansion.
Current Investors
TIDI Products, LLC
Primary Industry
Medical Devices & Equipment
Sub Industries
Medical Equipment Distributors
Website
www.posey.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Posey Products, LLC - 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 | Posey Products, LLC | - |
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