Veridian Healthcare Acquires Zewa Medical Technologies

WASHINGTON, D.C. and GURNEE, Ill., Sept. 4, 2024 - Veridian Healthcare, LLC ("Veridian") is pleased to announce it has completed the acquisition of Zewa, Inc. ("Zewa"). Zewa is a leading supplier of a comprehensive suite of consumer retail, telehealth, and remote patient monitoring (RPM) devices. Zewa's product portfolio includes connected and non-connected blood pressure monitors, pain management, respiratory devices, thermometry and oximetry. Zewa is known for both its superior line of digital blood pressure monitors and for pioneering connected Bluetooth and cellular medical devices designed exclusively for remote patient monitoring.

Veridian Healthcare, established in 2009, is a leading outsourced manufacturer of private label and branded in-home diagnostic, pain care management, and personal care products. The company is a prominent supplier of quality medical products focused on brand development and strategic partnerships with an ever-expanding blue-chip wholesale and retail customer portfolio. Veridian is backed by HealthEdge Investment Partners, United Western Group, and A-CAP following its recapitalization in 2023.

"This combination expands Veridian's RPM, consumer medical product portfolio, and telehealth segments positioning the company as a leading supplier in the diagnostic medical and telehealth product categories in North America. Veridian will benefit from Zewa's technology capabilities and diverse product line, providing additional product solutions to its customers." said John Aldridge, Chief Digital Health Officer of Veridian and United Western Group Operating Partner. Veridian Healthcare has consistently provided innovative products to the healthcare market including one of the most diverse and successful private label products programs in the industry.

The principal founder of Zewa, Thomas Zeindler, will join Veridian's executive management team. Thomas will continue to lead in the development of Zewa products with its customers while also managing the organization's technical business within the telehealth and connected device market in North America. Mr. Zeindler commented, "Through this merger, our customers will benefit from access to an expanded line of quality healthcare products, including access to the entire product portfolios of both Zewa and Veridian. Our customers can continue to expect the industry leading customer support."

To learn more about Zewa visit: www.zewa.com

ABOUT VERIDIAN HEALTHCARE

Veridian Healthcare is a nationally recognized distributor of in-home diagnostics and pain relief products. Since its establishment in 2009, Veridian has consistently provided innovative products to the growing healthcare market, focusing on brand development and strategic partnerships while expanding its blue-chip wholesale and retail customer portfolio. Veridian offers over 50 years of combined management and sales experience, providing competitively priced and high-quality products designed to meet the standards of today’s healthcare professionals.For more information on Veridian, visit www.VeridianHealthcare.com.

ABOUT UNITED WESTERN GROUP

United Western Group is a private equity firm based in Washington, D.C. that partners with managers and entrepreneurs to invest in strategically viable, market-leading companies across a wide range of industries. United Western employs a collaborative value creation model through organic and inorganic growth strategies. United Western seeks investment targets in North American companies with $20 to $400 million in revenue.For more information on United Western Group, visit www.UnitedWestern.com.