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Announced

Completed

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

Synopsis

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.

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