Edgewater Announces Salter Labs Acquisition
Edgewater Growth Capital Partners is pleased to announce the recent acquisition of Salter Laboratories, Inc. (“Salter” or the “Company”). Founded by former owner Pete Salter in 1976, Salter is a leading manufacturer of consumable respiratory products for the home medical and acute care markets. The Salter acquisition was completed in partnership with Bolder Capital LLC and RoundTable Healthcare Partners.
Salter’s products are used for oxygen and aerosol medication delivery, anesthesia and sleep disorder diagnosis. Most of the Company’s products are disposable or single-use and many have patented designs that help improve patient outcomes and the quality of care. The new ownership group will pursue growth opportunities through international expansion, further penetration of domestic markets, new product introduction and possible tuck-in or product line acquisitions.