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WPI Holdings Acquires Wilmington Medical Supply Inc.

October 12, 2010 By Bio-Medicine.Org

OCEANSIDE, N.Y., Oct. 12 /PRNewswire/ — WPI Holdings d/b/a
Woodbury Health Products (“Woodbury”), a portfolio company of
HealthEdge Investment Partners, LLC (“HealthEdge”), announced today
that it has completed the acquisition of Wilmington Medical Supply
Inc. (“WMS”).

Based in Wilmington, North Carolina and founded in 1993, WMS is
a distributor of home medical supplies and equipment, primarily
focused on urological catheters and sterile kits.  With a
client base of over 700 customers, WMS coordinates the shipment of
specialty medical supplies and acts as a resource for caregivers,
patients, healthcare professionals and medical facilities, enabling
clients to access hundreds of medical supplies in a convenient
manner.

According to Woodbury CEO Brian Darling, “We are excited about
this acquisition and its strategic fit with Woodbury Health
Products. Wilmington enhances our product offering and extends our
customer base into patients currently requiring catheters.
 The acquisition furthers our strategy in helping Woodbury
Health Products become a leading direct to consumer distributor of
incontinence and related healthcare products in the U.S.”

ABOUT WOODBURY HEALTH PRODUCTS

Woodbury Health Products is a direct to consumer distributor of
high quality incontinence products to customers in the United
States. Incontinence is the lack of voluntary control of excretory
functions and may be a permanent or temporary condition. The
Company also sells gloves, creams, wipes, and other products
required by their target customers. Woodbury maintains
approximately 30,000 square feet of office and warehouse space in
Oceanside, New York and also has a distribution center in South
Florida.

ABOUT WILMINGTON MEDICAL SUPPLY

Wilmington Medical Supply is a direct to consumer distributor of
home medical supplies and equipment. The Company primarily
distributes urological catheters and sterile kits to patients
discharged from hospitals

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SOURCE

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