Cardinal Health to Acquire AdaptHealth Diabetes Health Business and Strive Medical for $360 Million
July 21, 2026
Cardinal Health entered into two definitive agreements to acquire AdaptHealth’s Diabetes Health business and Strive Medical for approximately $360 million in cash, subject to working capital adjustments. The tuck-in acquisitions are intended to expand Cardinal Health’s at-Home Solutions platform across diabetes management and urology, while leveraging its home-care distribution network and customer reach.
- Buyers
- Cardinal Health
- Targets
- AdaptHealth Diabetes Health business, Strive Medical
- Sellers
- AdaptHealth Corp., NMS Capital
- Platforms
- Cardinal Health at-Home Solutions (Advanced Diabetes Supply / ADS platform)
- Industry
- Healthcare Services
- Location
- Ohio, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Cardinal Health Acquires Strive Medical From NMS Capital
July 21, 2026
Healthcare Services
NMS Capital has entered into a definitive agreement to sell its investment in Strive Medical to Cardinal Health. Strive Medical is an independent home medical supply specialty distribution platform focused on urology, wound care, ostomy and incontinence supplies for patients in the home setting. The deal is subject to customary closing conditions, including regulatory approvals.
-
Cardinal Health Acquires Advanced Diabetes Supply Group (ADSG)
November 12, 2024
Healthcare Services
Cardinal Health entered into a definitive agreement to acquire Advanced Diabetes Supply Group (ADSG) from Court Square Capital Partners. ADSG, a national direct-to-patient diabetes medical supplies distributor based in Carlsbad, California, will merge into Cardinal Health’s at-Home Solutions business upon closing.
-
Strive Medical (NMS Capital) Acquires ProMed DME, LLC
June 24, 2024
Healthcare Services
Strive Medical, a portfolio company of NMS Capital, has acquired ProMed DME, a Stuart, Florida-based durable medical equipment provider specializing in diabetic continuous glucose monitoring (CGM) supplies as well as urology and wound care products. Strive will operate ProMed as a Diabetes Center of Excellence to expand its diabetic supplies offering, broaden commercial reach, and increase its patient census across urology and related product lines.
-
AdaptHealth Acquires Diabetes Supply Center of the Midlands
August 31, 2020
Healthcare Services
AdaptHealth (Nasdaq: AHCO) acquired Diabetes Supply Center of the Midlands (DSCM), a Nebraska-based distributor of diabetes devices and ancillary products, from the nonprofit Diabetes Education Center of the Midlands. The deal expands AdaptHealth's Midwest footprint and will provide proceeds to DECM to support diabetes education, research and community programs.
-
AdaptHealth Acquires ActivStyle from The Riverside Company
May 26, 2020
Healthcare Services
AdaptHealth Corp. has agreed to acquire ActivStyle Inc., a Minnesota-based direct-to-consumer distributor of incontinence and urological supplies, from The Riverside Company. The deal — financed in part by a $190 million investment in AdaptHealth from One Equity Partners — expands AdaptHealth's suite of home medical products and scales its direct-to-patient capabilities.
-
AdaptHealth Acquires Solara Medical Supplies from Linden Capital Partners
May 26, 2020
Healthcare Services
AdaptHealth Corp. has agreed to acquire Solara Medical Supplies, LLC from Linden Capital Partners, adding the largest independent U.S. distributor of continuous glucose monitors and other diabetes supplies to AdaptHealth's in-home medical supplies platform. The transaction is being funded with a combination of debt and equity commitments (including investments from One Equity Partners and Deerfield Management) and will see Solara's CEO Steve Foreman join AdaptHealth's leadership team.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.