# Patricia Industries to acquire majority of Sarnova Holdings

Patricia Industries, part of Swedish Investor AB, has signed an agreement to acquire a majority stake in Sarnova Holdings, parent company of Bound Tree Medical, Cardio Partners, Emergency Medical Products, and Tri-anim Health Services. Founder Matthew D. Walter and Water Street Healthcare Partners will retain minority stakes.

- Type: Acquisition
- Announced: 2018-03-13
- Where: Dublin, Ohio, United States
- Status: announced
- Products: medical products, emergency medical equipment
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Patricia Industries](https://endata.com/companies/3217.md) (acquirer)
- [Sarnova](https://endata.com/companies/22646.md) (target)
- [Water Street Healthcare Partners](https://endata.com/companies/30741.md) (investor)
- [Matthew D. Walter](https://endata.com/companies/30742.md) (investor)

## Sources

- [ems1.com](https://www.ems1.com/ems-products/ems-equipment/press-releases/patricia-industries-signs-agreement-to-acquire-sarnova-from-company-founder-and-water-street-healthcare-partners-mwf9ymN3mGO4C2f9/), 2018-03-13: "This new partnership with Patricia Industries will further strengthen Sarnova’s capacity to serve our customers, vendors and employees and fulfill our mission to save and improve patients’ lives."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.