Innovative Medical Systems acquired by Illinois electronic security firm (MiBiz)
Convergint Technologies LLC in Schaumburg, Ill., has acquired Grand Rapids-based Innovative Medical Systems Inc., a reseller of acute care and technical products for hospitals.
The deal will “further deepen and expand Convergint’s presence within the health care market in the United States,” according to an announcement on the transaction.
Terms of the deal were undisclosed.
Grand Rapids investment bank BlueWater Partners LLC served as the exclusive financial adviser and Miller, Johnson, Snell & Cummiskey PLC was the legal counsel to Innovative Medical Systems, which gained access to Convergint’s global network to broaden services to clients.
