WOBURN, Mass.--Neighborhood Diabetes has increased its presence in the five boroughs of New York City with the purchase of New York Diabetic Supply. New York Diabetic Supply (NYDS, also known as Shelbourn Chemists), is headquartered in Brooklyn, and has been a leading supplier of glucose testing supplies and insulin pumps and pump supplies in New York City for over 20 years.
Neighborhood Diabetes, a portfolio company of Salix Ventures, a private investment firm, is one of the largest diabetic health care suppliers in the U.S., providing direct-to-consumer mail order diabetes testing supplies and educational services to the country’s growing diabetic population.
Central Capital Co. acted as financial advisor in the transaction.