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Announced

Bain Capital Private Equity to acquire PartsSource from Great Hill Partners.

Synopsis

Bain Capital Private Equity to acquire PartsSource, an online marketplace for medical equipment maintenance parts and services, from Great Hill Partners. Financial terms were not disclosed. “Phil and his team have built an exceptional business that is at the forefront of B2B marketplaces in healthcare and poised for continued rapid expansion as providers shift their purchasing toward e-commerce and away from manual processes. We believe PartsSource has clear runway for organic growth and a significant opportunity to broaden the platform and strengthen its offering to customers through strategic acquisitions, product innovation, and international expansion,” Devin O’Reilly, Bain Capital Private Equity Managing Director.

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