Announced
Completed
Financials
Sources
Tags
Majority
Acquisition
Friendly
Single Bidder
Health Care Services
Disposal
infection prevention
United Kingdom
Private
Completed
Domestic
Private Equity
Synopsis
HIG Capital-backed Vernacare, a supplier of goods and services to the health care industry, completed the acquisition of infection prevention business Frontier Medical, a designer of plastic containers that offers medical containers and boxes. Financial terms were not disclosed. “The Frontier Infection Prevention business is a growing industry leader in the manufacture and supply of products that contain and dispose of infectious material safely – critical systems in protecting the Healthcare workforce and limiting the spread of infection. HIG is looking forward to working with Frontier Medical’s Infection Prevention business which is highly complementary to Vernacare’s existing presence in the clinical Infection Prevention sector. We believe the combination will strengthen Vernacare’s market position and support an ambitious organic growth strategy; we will also continue to pursue similar accretive acquisitions in the sector across the UK and internationally over the coming years," James Mitchell, HIG Capital Principal.
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