ZCG-Backed Unimed Acquires MedSupply Florida, Expanding Cruise Industry Market Share
Further Solidifies Position as a Leading Global Provider of Pharmaceutical and Medical Solutions to Maritime Industry
NEW YORK--(BUSINESS WIRE)--Universal Marine Medical Supply International (“Unimed” or the “Company”), the leading global provider of pharmaceutical and medical solutions to the maritime industry and a ZCG portfolio company, today announced the successful acquisition of MedSupply International FL, LLC (“MedSupply Florida”), a subsidiary of International SOS and a prominent supplier of medical provisions to the global cruise industry. Financial terms of the transaction were not disclosed.
Similar to Unimed, MedSupply Florida specializes in providing pharmaceuticals, medical equipment, and essential medical supplies. The strategic location of MedSupply Florida’s facilities at the Fort Lauderdale and Miami cruise ports aligns with Unimed’s long-term expansion objectives. Through this acquisition, Unimed is poised to enhance its services to cruise clients in the South Florida region.
“We are pleased to expand our presence in the booming cruise market while continuing to offer exceptional value and industry-leading essential, high-quality medical products and services,” said Alan Kessman, CEO of Unimed. “South Florida is a key port region for Unimed, and we are confident that our existing presence, strengthened by the acquisition of MedSupply Florida, will help us further enhance our longstanding customer relationships. Building on our recent merger with Marine Pharma in Singapore, this transaction represents another significant step in our value-creation strategy under ZCG ownership, positioning Unimed for continued organic growth and acquisition-driven expansion.”
“We are confident in the continued growth opportunities for Unimed to provide pharmaceutical and medical solutions, and meet the evolving demands of the maritime industry,” said James Zenni, Founder, President and Chief Executive Officer of ZCG. “This further expansion into global cruising aligns well with Unimed’s strategy, and we look forward to partnering with leadership and Unimed’s talented employees in this next phase of growth.”
About Unimed
Unimed is the industry leader in medical supply, equipment and oxygen distribution to global maritime industries, specializing in the delivery of integrated healthcare and safety supply chain logistical solutions to clients worldwide.
For more information, please visit https://universalmarinemedical.com/.
About ZCG
ZCG is a leading, privately held merchant bank comprised of private markets asset management, business consulting services, technology development and solutions.
For almost 30 years, ZCG Principals have invested tens of billions in capital and have industry leading track records in private equity and credit.
ZCG has approximately $7B of AUM in asset management and its investors are some of the largest and most sophisticated global institutional investors including pension funds, endowments, foundations, sovereign wealth funds, central banks, and insurance companies.
ZCG has a global team comprised of over 400 talented professionals. For more information, please visit www.zcg.com.
Contacts
Joele Frank, Wilkinson Brimmer Katcher
Tim Ragones / Kate Thompson / Erik Carlson
212-355-4449
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