Modular Devices, a leading provider of mobile and modular medical imaging equipment labs and cleanroom solutions, and portfolio company of O2 Investment Partners, announced today that it has partnered with Cardiac Services Mobile
“We are excited about the partnership with Modular Devices and creating the premier provider of mobile and modular cardiovascular labs in the United States.”
Ken Harb, CEO of Cardiac
“Following on the heels of the recent acquisition of Modular Devices by O2 Investment Partners in Bloomfield Hills, Michigan, this is the first step of our strategic plan to grow our market share and product offering. The addition of Cardiac allows us to meet the market demands of our growing customer base as we upgrade the imaging capabilities in Cardiac Service’s mobile labs. The acquisition adds nearly 33% more capacity to our existing infrastructure.”
Greg Mink, CEO of Modular Devices
Pat Corden of O2 Investment Partners commented, “The combination of Modular Devices and Cardiac creates a best-in-class business with more scale to meet increasing market demand and provides a greater opportunity for organic and inorganic growth opportunities. We are enthusiastic to execute on our growth plan with our partners.”
