Trace Medical Acquires Bio-One, Inc.
WHITMORE LAKE, Michigan – Trace Medical, the national leader in advanced respiratory rentals and biomedical services has announced the acquisition of Bio-One, Inc., a factory authorized biomedical services company also based in Michigan.
Greg Apostolou, Chief Executive Officer of Trace Medical, stated “Bio-One has been an essential partner to Trace over several years of exponential growth. The integration of Bio-One will create a seamless internal service and maintenance process, and more importantly, will provide a compelling service solution to the provider community.
Mark Hauer, President of Bio-One, is quoted as saying, “After a long-standing relationship with Trace Medical, we are excited to officially join the team. We look forward to the anticipated growth and the opportunity to provide value added biomedical services under Trace Medical.”
Elliot Campbell, Chief Commercial Officer of Trace Medical, says “Trace is incredibly excited to welcome the Bio-One team under the Trace umbrella. With our recently announced exclusive agreement for biomedical services with VGM and our rapid expansion into biomedical services, Bio-One is a perfect fit for Trace Medical to support our rapidly growing customer base efficiently and affordably.”
The acquisition of Bio-One marks the second biomedical services acquisition by Trace Medical in Q1 2023.
About Trace Medical
Founded in 2004, Trace Medical is the national leader in advanced respiratory rentals and biomedical services throughout the continuum of care, including skilled nursing facilities, rehabilitation facilities, hospice, and HME providers. For more information, please visit www.TraceMedical.com
About Bio-One
Founded in 1999, Bio-One is a national provider of biomedical services for advanced respiratory devices. An Authorized Service Center for Philips, ResMed, Vyaire, Breas, React, Covidien, and GE, Bio-One has expertise in repair, maintenance, and logistics supporting the largest ventilator rental supplier in the United States.