DirectMed’s Acquisition of LBN Medical

Accura advised DirectMed and NMS Capital on the deal.

The American company DirectMed Parts & Service (“DirectMed”), which is owned by the American private equity fund NMS Capital, has bought the Danish medtech company LBN Medical.

LBN Medical is headquartered in Aalborg, Denmark, and is a leading international distributor of used diagnostic imaging equipment from leading manufacturers, including Canon, GE, Hologic, Siemens and Philips. The company buys and refurbishes CT, MRI, X-ray and ultrasound scanners and resells both complete systems and spare parts to customers in the medical industry around the world.

DirectMed specialises in selling spare parts and components for diagnostic imaging equipment and is the largest company in the world within its area of expertise. The acquisition of LBN Medical is believed to help DirectMed expand outside of North America and to realise its mission to extend the life of medical imaging equipment to reduce the costs associated with diagnostic imaging examinations.

NMS Capital is a New York-based private investment firm specialising in strategic investments and acquisition of small and medium-sized businesses. NMS was formed in 2010 through a spin-out of a group of portfolio companies from Goldman Sachs’s Merchant Banking Division. NMS Capital’s investments are focused on growth businesses headquartered in the USA, in particular businesses within business services and healthcare services.

The Accura team was led by Lars Mygind Bojsen (Picture) and also included Maria Thornbye, Poul Erik Lytken, Christoffer Ege Andersen, Andreas
Roos, Frederik Mathias Bertel, Frederik Holte Ørndrup.

Involved fees earner: Christoffer Ege Andersen – Accura; Frederik Mathias Bertel – Accura; Frederik Holte Ørndrup – Accura; Poul Erik Lytken – Accura; Lars Mygind Bojsen – Accura; Andreas Roos – Accura; Maria Thornbye Tholstruphede – Accura;

Law Firms: Accura;

Clients: DirectMed Parts & Service, LLC; NMS Capital;

Federica Tiefenthaler

Author: Federica Tiefenthaler