Wednesday, December 3, 2014

Ridgemont Equity acquires defibrillator distributor

Charlotte-based private equity firm Ridgemont Equity Partners announced Wednesday it has acquired Allied 100, a Wisconsin-based distributor of portable defibrillators.

Terms of the deal were not disclosed.

Allied was founded in 2002. It owns AED Superstore, which distributes automated external defibrillators and parts and accessories.

Ridgemont was spun out of Bank of America in 2010. The firm's strategy is to make middle-market investments of $25 million to $100 million in a variety of industries, including energy, health care and telecommunications.