Admar Diagnostic Instruments, Inc., widely recognized as Admar Neuro, has been acquired by Adriana Muñoz of Pilar Capital. The acquisition marks a new era for the company, renowned for its high-quality, refurbished neurodiagnostic instruments and repair services.
The transaction was expertly facilitated by Viking Mergers & Acquisitions, with advisors Robert Lugo and Max Roix playing pivotal roles in ensuring a seamless alignment between the buyer and seller’s visions. Richard Weiss, the founder of Admar Neuro, expressed his satisfaction with the process, particularly highlighting the professionalism and diligence of Robert Lugo.
Established in 1984, Admar Neuro has carved out a leadership position in the neurodiagnostic instrument industry, building a strong customer base in the United States and Europe. The company’s ethos, “Second Hand, not Second Best,” reflects its commitment to quality and service, a sentiment that has been the cornerstone of its success.
The selection of Ms. Muñoz as the new leader came after a meticulous search for a successor who could uphold and enhance the legacy of excellence that Mr. Weiss has fostered. With her extensive background in healthcare and a dynamic vision for growth, Ms. Muñoz is set to steer Admar Neuro towards exploring new markets and seizing fresh opportunities.
Ms. Muñoz’s deep industry knowledge and passion for the business are expected to mirror the dedication that Mr. Weiss has demonstrated over the years. This strategic acquisition is poised to ensure the continued delivery of exceptional service that Admar Neuro’s clientele expects.
Situated in Wellington, Florida, Admar Neuro’s headquarters are in one of the state’s rapidly growing counties. The acquisition coincides with an increasing demand for medical products, driven by an aging population and heightened health awareness. Under the new leadership, Admar Neuro is well-positioned to thrive in these expanding market conditions.
Viking M&A celebrates its role in this successful acquisition and eagerly anticipates Admar Neuro’s future contributions to the neurodiagnostic sector under the innovative and exemplary leadership of Ms. Muñoz.