Palos Sports, Inc. was acquired by School Health Corporation
School Health Corporation acquired the assets of Palos Sports, Inc. School Health Corporation is a leading distributor of school nurse, physical education, special education, and early childhood supplies to schools across the country. Palos Sports is a multi-generation family owned distributor of physical education supplies to schools and park districts across the country.
School Health Corporation
Palos Sports, Inc.
School Health Corporation acquires the assets of Palos Sports, Inc.
School Health Corporation wished to complement its strong organic growth in the healthcare supply market with an acquisition to accelerate its growth in the physical education market.
School Health Corporation retained us to provide corporate development services and after a year-long search, we identified Palos Sports and were able to negotiate and close the acquisition that more than doubled the revenue of School Health’s physical education division. This is the third acquisition or divestiture we’ve helped School Health Corporation with over the last six years.
The combination of Palos Sports and School Health Corporation made perfect sense. Both are multi-generational family owned companies with shared values, complementary markets, and very little overlap in end customers. The transaction provided an orderly exit plan for the shareholders of Palos Sports while providing significant synergies and growth opportunities for School Health Corporation.