TAMPA,
Fla., May 2, 2024 /PRNewswire/ -- Viking
Mergers & Acquisitions is pleased to announce the successful
acquisition of Admar Diagnostic Instruments, Inc., also known as
Admar Neuro, by Adriana Muñoz of Pilar Capital. The transaction was
facilitated by Viking M&A's seasoned advisors, Robert Lugo and Max
Roix, whose expertise and dedication were instrumental in
aligning the visions and expectations of both parties.
"It was a pleasure dealing with Robert
Lugo who helped us sell our business. Robert was very
professional and worked extremely hard to get this accomplished,"
said Richard Weiss, founder of Admar
Neuro.
Since its establishment in 1984 by Mr. Weiss, Admar Neuro has
been a leader in the neurodiagnostic instrument industry. The
company's commitment to providing high-quality, refurbished
neurodiagnostic instruments and repair services has earned it a
loyal customer base across the United
States and Europe. Admar
Neuro's success story is a testament to its motto, "Second Hand,
not Second Best."
The decision to pass the reins to Ms. Muñoz comes after a
careful and deliberate search for the right successor to continue
the legacy of excellence and customer dedication cultivated by Mr.
Weiss. With her extensive experience in healthcare and fresh vision
for expansion, Ms. Muñoz is poised to lead Admar Neuro into
new markets and opportunities.
Ms. Muñoz's leadership is supported by her deep understanding of
the industry and a shared passion for the business, mirroring the
dedication Weiss has shown throughout his tenure. This acquisition
represents a strategic growth opportunity and ensures the
continuation of the high-quality service that Admar Neuro's clients
have come to expect.
With the Admar Neuro office located in Wellington, Florida, this acquisition occurs in one of
Florida's fastest-growing counties
during an increased overall demand for medical products due to an
aging population and rising health consciousness. Under its new
leadership, Admar Neuro is well-placed to capitalize on these
expanding market conditions.
Viking Mergers & Acquisitions is proud to have contributed
to this transaction and looks forward to seeing Admar Neuro thrive
under Ms. Muñoz's leadership, bringing innovative solutions
and continued excellence to the neurodiagnostic community.
About Viking Mergers and Acquisitions
Viking provides
exit strategies and M&A services to middle-market business
owners. In business since 1996, 70% of Viking's brokers are former
business owners. Viking has an 85% close rate, representing over
850 successful transactions. Visit https://vikingmergers.com for
more information.
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SOURCE Viking Mergers & Acquisitions