Salona Global Acquires Mio-Guard LLC

February 22, 2022

Salona Global Medical Device Corporation (TSXV: SGMD) has executed a binding agreement to acquire Mio-Guard LLC, a U.S. medical device sales and marketing/distribution business focused on the sports medicine market. Mio-Guard reported approximately $3.6M in 2021 unaudited revenue, has over 50 sales representatives across the United States, and will be acquired from its owner Ken Zisholz in an equity-for-units transaction.

Buyers
Salona Global Medical Device Corporation
Targets
Mio-Guard LLC
Sellers
Ken Zisholz
Industry
Medical Devices
Location
United States
Transaction Type
Buyout

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