Strata Critical Medical completed the acquisition of Louisville Perfusion Services (LPS), a provider of perfusion and blood management services in Kentucky, for approximately $16 million upfront plus up to $4 million based on performance. This acquisition strengthens Strata's presence in the Midwest and Southern U.S., expanding its cardiac surgery and organ transplant support capabilities. LPS clinicians will enhance Strata's service offerings by supporting organ recovery and operating perfusion equipment. The deal aligns with Strata's strategy to grow through accretive acquisitions and is expected to generate about $10 million in revenue and $3 million in adjusted EBITDA for LPS in 2026.
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