The acquisition broadens the company’s reach into equipment repair and maintenance while allowing Silver Reef to retain its brand and leadership.
Pinellas Park, Fla-based Medical Technology Associates has acquired Silver Reef Biomedical Services Inc, a provider of biomedical equipment repair, maintenance, calibration, inspection, and installation services for medical and scientific facilities in Nevada and the surrounding markets.
Silver Reef Biomed marks Medical Technology Associates’ entry into biomedical equipment services, strengthening its position as a single-source provider of healthcare and compliance solutions.
“This is the ideal alignment of two companies that possess similar cultures and share a strong work ethic and dedication to customer service,” says Allan Morris, CEO of Medical Technology Associates, in a release. “The acquisition directly aligns with our mission to ensure life safety compliance for the healthcare and life sciences industries through testing, inspection, certification, calibration, and maintenance services.”
Scott Wyatt, president of Silver Reef Biomed, adds in a release, “We are thrilled to partner with [Medical Technology Associates] and accelerate our growth trajectory.”
In addition to providing service on all major medical gas systems, Medical Technology Associates serves as a distributor of equipment manufacturers such as Powerex, Amico, and TriTech. Medical Technology Associates is also a provider of calibration and controlled environment solutions, including a suite of clean room and hood certification and testing services for pharmacies and labs.
Silver Reef Biomed will continue operating under its existing brand and current management structure.
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