Based in Indianapolis, Indiana, USA, privately held E&A Industries operates companies across a range of industries.
Its Ultra Solutions portfolio company is a leader in the provision of pre-owned and refurbished ultrasound equipment to customers in the US and internationally, servicing the large secondary market for this technology.
Following a decision in 2012 to refocus its business on consumer products, E&A Industries looked to sell Ultra Solutions, approaching Bryan, Garnier & Co for help in sourcing a potential buyer.
Founded in 2001, Ultra Solutions is a leading provider of high quality, pre-owned and refurbished ultrasound equipment in the U.S. and internationally. Ultra Solutions acquires, refurbishes, repairs and sells ultrasound equipment to hospitals, physician practices and wholesale distributors. It enjoys direct purchasing relationships with sources around the world and maintains one of the largest inventories of pre‐owned ultrasound equipment in the industry.
Ten years of experience in the medical device reprocessing and infection control space meant Bryan, Garnier & Co was able to approach a broad spectrum of 85 strategic and financial buyers from around the world.
NDAs were executed with 19 companies, with California-based private equity firm Salt Creek Capital the ultimate buyer.