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Synopsis
Platinum Equity, a global investment firm, completed the acquisition of ASP Global, a strategic partner to the healthcare industry that develops, sources and distributes consumable medical products for healthcare providers and distributors, from Incline, a private equity firm. Financial terms were not disclosed. "Healthcare providers are intensely focused on managing costs and increasing control of their supply chains. By providing direct sourcing solutions featuring customized, quality products, ASP has created an attractive value proposition. Based on our assessment, ASP’s business model has resonated with customers and has significant room for growth," Louis Samson, Platinum Equity Co-President.
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