.
MergerLinks Header Logo

New Deal


Announced

Completed

Cressey & Company and Health Enterprise Partners completed the acquisition of The InterMed Group from Granite Bridge Partners.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

Private Equity

Acquisition

Friendly

Single Bidder

healthcare technology

Health Care Services

Domestic

United States

Private

Majority

Synopsis

Edit

Cressey & Company, a private investment firm, and Health Enterprise Partners, a healthcare-focused investment firm, completed the acquisition of The InterMed Group, a medical equipment supplier, from Granite Bridge Partners, a private equity firm. Financial terms were not disclosed. "The Cressey and HEP teams will help us further our mission as a trusted provider to our clients and serve an even greater number of healthcare providers with leading-edge, cost-effective health technology products and equipment maintenance solutions. Cressey and HEP are ideal partners for our next phase of growth with extensive track records of investing in many of the country's leading healthcare services and technology companies. We look forward to what's next, particularly in terms of the enhanced benefits we'll be able to provide our clients," Rick Staab, InterMed CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US