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Benchmark International Successfully Facilitated the Transaction Between Mideast Delivery Solutions and SPS Health

July 25, 2024

Benchmark International is pleased to announce the successful transaction between Mideast Delivery Solutions and SPS Health.

The seller, Mideast Delivery Solutions, was established in 2014 and quickly became a leader in providing the timely and secure delivery of pharmaceuticals and critical healthcare supplies in their respective markets. Based in Mason, Ohio, the company specializes in servicing long-term care pharmacies, ensuring reliable and efficient deliveries tailored to the specific needs of their clients. Their services include daily delivery route coordination, STAT order coverage, and comprehensive consulting to optimize logistics. With a strong commitment to client satisfaction, they have earned the trust and respect of numerous healthcare providers over the years.

Paul Hester, President of Mideast Delivery Solutions, had this to say about the transaction:

"Matthew Kekelis, I want to thank you and your team for making an important process seem extremely smooth! A special thank you to Tyler Gonska for navigating me through the events! It was not an easy decision for me to go to market, but everyone at Benchmark International made each step of the way very comfortable. I highly recommend Benchmark International for any business!"

The right resources. The right process. Sell with Benchmark International.

The Buyer, SPS Health, is a leading provider of comprehensive solutions for healthcare providers in the acute care and post-acute marketplace. They offer an extensive portfolio of services and solutions for pharmacies, healthcare providers, and PBMs, including formulary management, on-demand pharmacy, and benefit administration. The company's focus on integrating advanced technologies ensures seamless operations, improved patient outcomes, and increased efficiency for healthcare providers. SPS will continue to prioritize exceptional customer service, innovations, and best-in-class technology with the addition of Mideast Delivery.

"Paul with Mideast Delivery has built himself an incredible business and is turning over a well-oiled machine to SPS.  We at Benchmark wish all the best to Paul in his future endeavors as well as SPS to continue Mideast's exceptional service." – Matthew Kekelis, Senior Director, Benchmark International

SCHEDULE A CALL

Americas: Sam Smoot at +1 (813) 898 2350 / [email protected]

Europe: Michael Lawrie at +44 (0) 161 359 4400 / [email protected]

Africa: Anthony McCardle at +27 21 300 2055 / [email protected] 

 

ABOUT BENCHMARK INTERNATIONAL:

Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled transactions across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network, as well as the #1 Sell-side Privately Owned M&A Advisor in the World by PitchBook’s and Refinitiv’s Global League Tables.

The content provided by Benchmark International, including articles, blog posts, videos, and other media, is for general informational purposes only and does not constitute legal, financial, investment, or business advice. While we strive for accuracy, the information may be based on third-party sources, market trends, and evolving industry data that are not independently verified or guaranteed to be current or complete. Any opinions expressed are those of the authors and do not necessarily reflect the views of Benchmark International. Market trends, forecasts, and forward-looking statements are inherently uncertain and subject to change. Nothing in our content should be relied upon as a substitute for personalized advice from qualified professionals. Benchmark International disclaims all liability for any loss or damage resulting from reliance on this content. Always consult with appropriate experts before making business decisions.

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