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UM Holdings history
UM Holdings company history timeline
UM Holdings Ltd. is a privately-held firm founded in 1972.
In 1981, the Company raised $5 million with an Initial Public Offering, changing its name from Anthropometrics to United Medical Corporation.
In 1983, Trotter Treadmills was added to the UM portfolio.
Leveraging its reputation in health care, the Company started Renal Care Centers in 1983 to provide management services of outpatient dialysis units.
An additional $11 million was raised with a secondary offering in 1985.
Life Extension Institute was acquired by UM in 1986.
Leveraging its reputation in health care, the Company started Renal Care Centers in 1983 to provide management services of outpatient dialysis units. It was sold to W.R. Grace in 1989.
In 1995, UM acquired an airline start-up venture known as Eastwind Airlines operating between Trenton, New Jersey and Boston, Massachusetts.
After years as a profitable cash flow generator, Cardio Data Services, Inc. was sold to Raytel Medical Corporation in 1996.
PetroChem Inspection Services was added to the investment portfolio in 1997.
PetroChem was sold in 2007 to TUV Süd, a German-owned industrial service provider, who planned to use PetroChem as a platform for their own US roll-up.
UM became involved in the movie business in 2010 when its Chairman, John Aglialoro, created Atlas Productions, Inc. to bring “Atlas Shrugged”, Ayn Rand’s best-selling novel to the screen.
In 2013, UM purchased the remaining shares, returning Cybex to private ownership.
After owning and operating Cybex for over 30 years, UM sold the company in 2016 to Brunswick Corporation (BC: NYSE).
In 2016, UM acquired majority interest in Gym Source, the nation’s oldest and largest distributor of specialty fitness equipment.
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UM Holdings competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Manning & Napier | 1970 | $145.6M | 300 | 4 |
| Central American Resource Center | 1986 | $900,000 | 50 | - |
| Eastern Athletic | - | $850,000 | 19 | - |
| Sound | 1966 | $49.9M | 560 | 47 |
| CareerPoint | 1996 | $5.0M | 49 | - |
| The Cooper Institute | 1970 | $6.4M | 75 | - |
| Fitt.co | - | - | - | 9 |
| Lehigh Valley Workforce Investment Board, Incorporated | 2000 | $10.0M | 175 | - |
| Senior Ctzn Council On Aging | 1972 | $112,547 | 5 | - |
| IRC | 1990 | $52.7M | 1,500 | - |
UM Holdings history FAQs
Zippia gives an in-depth look into the details of UM Holdings, including salaries, political affiliations, employee data, and more, in order to inform job seekers about UM Holdings. The employee data is based on information from people who have self-reported their past or current employments at UM Holdings. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by UM Holdings. The data presented on this page does not represent the view of UM Holdings and its employees or that of Zippia.
UM Holdings may also be known as or be related to UM HOLDINGS LTD, UM Holdings, UM Holdings Ltd and UM Holdings Ltd. (New Jersey).