The InterMed Group, based in Alachua, has come a long way since its founding in 1992, and it recently acquired a North Carolina-based company that doubles its earnings.
“This makes us a big player on the East Coast,” said CEO Rick Staab. “We’re on our way to our goal of becoming the best in class.”
InterMed provides a turnkey solution for hospitals’ medical equipment needs.
“We do all the budgeting, training, regulatory compliance, purchasing and repair of equipment for hospitals and clinics,” Staab said.
The acquisition of Horizon CSA, LLC from outside Charlotte, North Carolina, has added four jobs to the 25 at InterMed’s headquarters in Alachua, bringing the total staff nationally to 147.
The corporate cultures of InterMed and Horizon CSA mesh well, Staab said, who knows Horizon’s co-owners Dale Allman and Mike Marrow well.
“Both companies believe in taking care of the customer and their employees,” Staab said. “We do what we say we’ll do, we’re there when we say we’ll be, and we have really good people.”
A year ago, InterMed seriously considered moving to a larger city in order to meet its need for more space. But Staab found the space he required, and he redoubled his commitment to Greater Gainesville.
The new building, formerly occupied by another company, has more than 48,000 square feet of office and warehouse space, and it is located on nearly 40 acres of woods.
The new site, at 13301 U.S. 441 in Alachua, brings together under one roof the several divisions located in the Alachua area where the company had spread as it grew.
“In deciding to stay in Greater Gainesville, we committed to bring more jobs here as we grow and to continue our strong involvement in the community,” Staab said.
The cornerstone of that involvement is Tyler’s Hope, a foundation devoted to finding treatments for dystonia – a movement disorder that causes muscles to contract improperly.
Tyler’s Hope is named for Tyler Staab, one of the children of Rick and his wife, Michelle. Tyler was diagnosed with dystonia in 2005.
The foundation created Tyler’s Hope Dystonia Center, which is part of the University of Florida Health Center for Movement Disorders & Neurorestoration. The interdisciplinary center conducts research on various disorders, including Parkinson’s disease.
InterMed received help in its growth from Granite Bridge Partners LLC, a private equity investment firm. Granite Bridge acquired InterMed’s companies, which were then four separate businesses, in 2015.
Granite Bridge partner Michael Goodman welcomed the Horizon acquisition.
“Horizon’s base of long-term customers and trusted service will deepen InterMed’s presence in the southeast and mid-Atlantic states and help support our expansion strategy,” Goodman said.