Avail Medical Products
Avail Medical Products, Inc.
Fund: I
Investment Date: June 1995
Exit Date: November 2000
Headquarters: Dallas, Texas
Avail Medical Products, Inc. (“Avail”), headquartered in Dallas, Texas, operates in a niche segment of the medical products industry, supplying custom-designed disposable products to national and regional manufacturers of medical supplies. Avail’s products are used principally in an operating room environment to improve efficiencies and prevent infections, with major customers including Johnson & Johnson and Baxter International.
Merit provided subordinated debt and common stock of Avail to finance the acquisition of the company by a group of experienced industry executives. Subsequently, Merit provided additional capital to fund an add-on acquisition.