Safe Life has acquired Coro Medical and AED.us, a national provider in automated external defibrillator (AED) sales and services. Founded in 2017 and headquartered in Franklin, Tenn., Coro Medical has experienced rapid growth in the AED, manual defibrillator, and life-saving equipment industry, company officials say.
“Our partnerships with manufacturers, dealers, and customers have enabled Coro to grow at an incredible pace,” says Matthew Spencer, Coro’s CEO and co-founder. “Our talented leadership team, passionate employees, strong relationships, and unique offerings have all contributed to our position in this essential 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. “The U.S. market is crucial to our goal of becoming the largest contributor to placing these life-saving devices,” says Jimmy Eriksson, Safe Life’s Group CEO, and co-founder.
“Safe Life was founded on the principle that we are stronger together,” Eriksson adds. “We are both impressed by, and excited to be partnering with, the experienced and talented team at Coro Medical. We want to reaffirm our deep commitment to continue growing with our partners and are looking forward to adding more talent to the group. Together, we will save more lives.”
Safe Life is leveraging the collective strength of its portfolio companies to support continued growth, in the U.S., Canada, and Europe, according to Eriksson.