AssuraMed, a medical supplies provider backed by Clayton, Dubilier & Rice and GS Capital Partners, has agreed to be acquired by Cardinal Health (NYSE: CAH) for $2.07 billion. The acquisition will be financed with $1.3 billion in new senior unsecured notes as well as cash. Headquartered in Twinsburg, OH, AssuraMed is a mail-order, direct-to-customer provider of disposable medical products to chronic disease patients. The company operates through two businesses: Independence Medical and Edgepark Medical Supplies. CD&R and GSCP purchased the company in 2010.
