Michael Barbella, Managing Editor05.19.23
Coro Medical and AED.us have been acquired by Safe Life, a Stockholm-based company with a diverse portfolio of businesses across Europe and North America.
Founded in 2017 and headquartered in Franklin, Tenn., Coro Medical has experienced rapid growth in the automatic external defibrillator (AED), manual defibrillator, and life-saving equipment industry. "Our partnerships with manufacturers, dealers, and customers have enabled Coro to grow at an incredible pace," Coro CEO/Co-Founder Matthew Spencer said. "Our leadership team, employees, relationships and offerings have all contributed to our position in this industry. To maintain this growth, new experience, perspective, and resources are necessary. We could not be happier with our new partners at Safe Life."
Established in 2019, Safe Life has expanded through multiple acquisitions across Europe and Canada. With combined revenues of more than $100 million, the company has made significant progress towards its goal of becoming an AED leader. “The U.S. market is crucial to our goal of becoming the largest contributor to placing these life-saving devices,” Safe Life Group CEO and Co-Founder Jimmy Eriksson stated. “Safe Life was founded on the principle that we’re stronger together. We’re both impressed by, and excited to be partnering with, the team at Coro Medical. We want to reaffirm our commitment to continue growing with our partners and look forward to adding more talent to the group.”
Safe Life is leveraging the collective strength of its portfolio companies to support continued growth in the United States, Canada, and Europe.
Founded in 2019, Safe Life operates and develops a group of companies that provide life-saving equipment and related training. With a core business in AEDs, Safe Life has acquired numerous companies across Europe and North America since its inception.
Established in 2017, Coro Medical has become one of the largest U.S. distributors of new and refurbished AEDs, manual defibrillators, and related training and services. Also home to AED.us, Coro Medical has customers in all 50 U.S. states and multiple business segments, including alternate care, EMS/fire, education, transportation, law enforcement and public access locations.
Founded in 2017 and headquartered in Franklin, Tenn., Coro Medical has experienced rapid growth in the automatic external defibrillator (AED), manual defibrillator, and life-saving equipment industry. "Our partnerships with manufacturers, dealers, and customers have enabled Coro to grow at an incredible pace," Coro CEO/Co-Founder Matthew Spencer said. "Our leadership team, employees, relationships and offerings have all contributed to our position in this industry. To maintain this growth, new experience, perspective, and resources are necessary. We could not be happier with our new partners at Safe Life."
Established in 2019, Safe Life has expanded through multiple acquisitions across Europe and Canada. With combined revenues of more than $100 million, the company has made significant progress towards its goal of becoming an AED leader. “The U.S. market is crucial to our goal of becoming the largest contributor to placing these life-saving devices,” Safe Life Group CEO and Co-Founder Jimmy Eriksson stated. “Safe Life was founded on the principle that we’re stronger together. We’re both impressed by, and excited to be partnering with, the team at Coro Medical. We want to reaffirm our commitment to continue growing with our partners and look forward to adding more talent to the group.”
Safe Life is leveraging the collective strength of its portfolio companies to support continued growth in the United States, Canada, and Europe.
Founded in 2019, Safe Life operates and develops a group of companies that provide life-saving equipment and related training. With a core business in AEDs, Safe Life has acquired numerous companies across Europe and North America since its inception.
Established in 2017, Coro Medical has become one of the largest U.S. distributors of new and refurbished AEDs, manual defibrillators, and related training and services. Also home to AED.us, Coro Medical has customers in all 50 U.S. states and multiple business segments, including alternate care, EMS/fire, education, transportation, law enforcement and public access locations.
