Clinical Innovations Acquires Australian Distributor JB Medical Supplies

Clinical Innovations, one of the world’s largest medical device companies focused on labor and delivery and neonatal intensive care, has acquired Australian distributor JB Medical Supplies.
 
The deal strengthens Clinical Innovations’ position in the sizable Australian market and supports the company’s broader global growth strategy. JB Medical Supplies, Australia’s leading obstetrics distributor, will operate as a wholly owned subsidiary of Clinical Innovations.
 
The Salt Lake City, Utah-based company bought JB Medical Supplies from the family of the late Dr. Aldo Vacca, a trailblazer in the vacuum method for operative vaginal delivery, a technology used in about 10 percent of births globally and a key component of the Clinical Innovations product offering. More than 10 million of the company’s Kiwi Vacuum Assisted Delivery System devices have been deployed worldwide.
 
“The Vacca family is a leader in the world of obstetrics whose work has improved the lives of countless mothers and babies across the globe,” said Ken Reali, president and CEO of Clinical Innovations. “Partnering with them on this deal is an honor and having JB Medical as part of our company will accelerate our growth in Australia.”
 
With products such as the ebb Complete Tamponade System, traxi Panniculus Retractor and babyLance safety heel stick, Clinical Innovations has a presence in more than 90 countries. The company has quickly grown its global footprint in recent years, expanding to new territories, including underserved markets in Southeast Asia.
 
JB Medical Supplies, which offers customers innovative products as well as support services aimed at ensuring clinician confidence and optimal patient outcomes, will continue to be led by CEO John Gairns.
“I am thrilled to work with the Clinical Innovations team,” Gairns said. “Being part of one of the world leaders in obstetrical and neonatal care will add to the JB Medical growth strategy.”
 
“Through John’s dedication and the tireless efforts of his entire team, JB Medical has built an operation with a philosophy that’s perfectly in-sync with the way we do business,” said Steve Cash, senior vice president of global sales at Clinical Innovations. “We’ve long enjoyed a tremendous relationship, and this acquisition will allow us all to accomplish even more.”
 
Clinical Innovations is owned by EQT, a leading investment firm with approximately 50 billion euros in raised capital across 27 funds. Formed in 1993, Clinical Innovations is celebrating its quarter-century anniversary throughout 2018.
 
Clinical Innovations is one of the largest medical device companies exclusively focused on labor and delivery and neonatal intensive care. The company is a market-leader in several categories with products such as the Koala Intrauterine Pressure Catheter, Kiwi Vacuum-Assisted Delivery System, ROM Plus Rupture of Membranes Test, traxi Panniculus Retractor, ClearView Uterine Manipulator, the babyLance Safety heel stick, and the ebb Complete Tamponade System. Clinical Innovations is expanding its global presence while directly researching and developing state-of-the-art technologies and medical devices that fulfill its mission of improving the lives of mothers and their babies throughout the world. Clinical Innovations is an EQT portfolio company.
 
JB Medical Supplies is an obstetrics distributor in Australia, supplying products used in labor, delivery and perinatal care. The company goes beyond simple supply, developing its customers’ clinical understanding of products to ensure clinician confidence and optimal patient outcomes.
 
EQT is an investment firm with approximately 50 billion euros in raised capital across 27 funds. EQT funds have portfolio companies in Europe, Asia, and the United States with total sales of more than 19 billion euros and approximately 110,000 employees. EQT is an active investor and owner in the healthcare sector, including investments in Certara, Press Ganey, Ottobock, Sivantos, and Lima. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership. EQTpartners.com.