Stinger Medical merges with Enovate


MURFREESBORO, Tenn.—Stinger Medical, a manufacturer and provider of mobile clinical workstations and medical technologies known for its technologically advanced power systems, has merged with Canton, Michigan-based Enovate, a manufacturer and provider of mobile and wall-mounted point-of-care work station solutions known for its aesthetics and ergonomically advanced design technologies.

Together, the two companies will be named Enovate Medical and will be the largest provider of mobile clinical workstations in the country. Stinger Medical CEO Nick Mendez will lead the combined organization. The company will maintain locations in Michigan and Tennessee.

“This merger creates a tremendous growth opportunity and combines two quality organizations, each with a commitment to excellence and superior client service,” says Nick Mendez, CEO of Enovate Medical.

“Together, we gain the ability to expand our product offerings to healthcare providers at a critical time in the industry. As providers respond to healthcare reform, transformation and other market drivers, Enovate Medical brings the expanded ability to help providers strengthen their most important goal – patient care.”

The new management team of Enovate Medical also includes Chief Financial Officer Wendy Hyde (current Stinger CFO) and Chief Operating Officer Fred Calero (current Enovate COO).

“Coming together with a highly reputable organization like Stinger allows us to expand our client offerings, create new opportunities for our employees and ultimately grow our organization in a significant way,” says Ron Sgro, co-founder of Enovate.

Customers of Enovate Medical will gain an expanded product offering that spans a complete continuum of patient care and will better support their IT needs, as well as expanded sales and support staff to better serve customers’ needs quickly. The combined portfolios will offer a complete line of mobile work stations, wall stations, wall arms and medication transfer and exchange services.

The new company will enhance its capabilities through innovation, manufacturing, design and the breadth of its product offerings, while looking toward future growth opportunities this merger provides.

 

About Stinger Medical

Stinger Medical is the leading manufacturer of mobile clinical workstations and point-of-care technologies for the healthcare marketplace. Customers value Stinger Medical as a long-term partner that consistently delivers unmatched products and services. Stinger understands the unique needs of healthcare providers and is committed to point-of-care product innovations, service and support. Stinger is funded through Riverside Partners, a Boston-based private equity firm. For more information, visit www.stingermedical.com.

 

About Enovate

Enovate is a leading international provider of mobile and wall-mounted computer workstations for healthcare, office and home. Enovate’s scalable, easy-to-use, ergonomic designs feature the best technology to create a flexible work environment that enhances productivity and performance. Enovate has been named by Inc. Magazine as one of the fastest growing companies in the U.S. for the past four years. For more information, visit www.enovateusa.com.

 

 

 



July 11, 2013


Topic Area: Press Release


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