Critical Care Concepts, Inc. Acquires MetaCon, L.L.C.
Critical Care Concepts, Inc., headquartered in Atlanta, was formed in 1997 to create the nation's leading sales and service company representing manufacturers of equipment and disposable medical products used in the care of critically ill patients in hospitals and other sites of care across the United States. MetaCon, founded in 1996, provides similar services to more than 350 hospitals and alternative site customers in Utah and other regions of the United States. Additionally, MetaCon has a strong presence in corporate account contracting with group purchasing organizations.
3Ci also announced the appointment of Scott Minniear, the founder and President of MetaCon, to the position of Senior Vice President of Strategic Development.
In October 1998, 3Ci completed the acquisition of Medical Device Services, Inc. in Brea, California. As a result of these acquisitions, 3Ci will now be able to service 95% of the country's key demographic markets. Annual revenues for the combined companies are estimated to be in excess of $125 million.
Mike Malloy, Chief Executive Officer of 3Ci, said, "We are very pleased about Scott Minniear assuming an important leadership role with our company. The acquisition of MetaCon enhances the products and services that we can provide to our customers."
Scott Minniear, President of MetaCon, stated,"3Ci is a perfect fit for MetaCon and its customers. Having the dedicated team of 3Ci sales consultants implementing our corporate accounts program nationwide will guarantee the best service possible to these customers."
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CONTACT: Critical Care Concepts
Mike Malloy
or
Bob Stonikas, 770/798-9670
or
MetaCon, L.L.C.
Scott Minniear, 801/270-9600
KEYWORD: GEORGIA
INDUSTRY KEYWORD: MEDICINE MERGERS/ACQ MANAGEMENT CHANGES Today's
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