December 4, 2024

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Cressey & Company and Health Enterprise Partners Acquire Healthcare Technology Management Provider, The InterMed Group

Cressey & Company and Health Enterprise Partners Acquire Healthcare Technology Management Provider, The InterMed Group

CHICAGO and NASHVILLE, Tenn. and NEW YORK, Jan. 5, 2023 /PRNewswire/ — Cressey & Firm LP (“Cressey”), a private investment agency centered on building main health care services and information and facts technological know-how businesses, and Well being Business Companions (“HEP”), a healthcare-centered financial commitment firm, these days declared that resources affiliated with Cressey and HEP have acquired The InterMed Team (“InterMed”), a premier supplier of healthcare technological know-how management providers, from Granite Bridge Companions.

InterMed offers a complete array of finish-to-stop health care technologies and tools management companies to hospitals and wellbeing methods throughout the United States, with a aim on biomedical and imaging products. The partnership with Cressey and HEP will broaden and deepen InterMed’s presenting and potential to assist hospitals and healthcare programs regulate wide inventories of sophisticated clinical equipment competently and price tag efficiently though keeping its extremely responsive and attentive assistance to shoppers.

“The Cressey and HEP teams will assist us even further our mission as a trustworthy company to our clientele and provide an even bigger range of health care suppliers with major-edge, charge-efficient overall health engineering products and tools upkeep solutions,” claimed Rick Staab, CHTM, Chief Executive Officer of InterMed. “Cressey and HEP are excellent partners for our next stage of advancement with intensive track data of investing in many of the country’s main healthcare services and technological innovation corporations. We glimpse forward to what’s upcoming, significantly in terms of the increased added benefits we’ll be in a position to provide our customers.”

“We are energized to associate with Rick and the total InterMed group as they guide health care consumers in boosting productiveness with their clinical gear fleets and perform an significant function in assisting deliver high-quality care to patients,” stated Dave Rogero, Companion at Cressey. “We see a wonderful option for InterMed to provide detailed, complementary methods that tackle health care organizations’ most urgent health care technology management desires.”

Ezra Mehlman, Partner at HEP, mentioned, “By partnering with each other, Cressey and HEP will leverage our combined abilities, expertise and one of a kind interactions with health and fitness techniques across the state to help InterMed to broaden its healthcare options choices. Our two firms are properly-positioned and energized to assistance InterMed in this up coming phase of development.”

Harris Williams LLC served as economic advisor to InterMed.

About The InterMed Team

Headquartered in Alachua, Florida, InterMed is a top unbiased health care technology expert services platform, providing in depth asset management answers that generate efficiencies and efficiency for premier healthcare services corporations across various geographic markets in the United States.  InterMed gives healthcare technology administration, biomedical gear solutions, diagnostic imaging repair and routine maintenance, devices revenue and a fast response assistance presenting. To study extra about InterMed, pay a visit to www.intermed1.com.

About Cressey & Firm

Dependent in Chicago, Illinois and Nashville, Tennessee, Cressey & Firm LP is a non-public equity company concentrated on investing in leading health care companies and info technology companies. With a heritage spanning 40 a long time, the Cressey & Company staff is a person of the most skilled and prosperous in the healthcare private fairness discipline. For a lot more information, check out www.cresseyco.com.   

About Overall health Enterprise Companions

Health Enterprise Partners invests in privately held, reduce middle sector health care providers and information technologies corporations. Central to HEP’s strategy is its exclusive and comprehensive healthcare facility process and overall health approach community, 41 users of which are buyers in HEP’s funds. HEP seeks to commit in firms that boost the good quality of the patient practical experience, extend entry, and lessen the cost of healthcare. https://hepfund.com/

About Granite Bridge Partners

Granite Bridge Companions LLC is a private equity expense organization that targets manage investments in decreased middle market place businesses in the U.S. and Canada with EBITDA amongst $2 million and $10 million in the next targeted industries: commercial, industrial and specialist services healthcare solutions and worth-added production and distribution. For a lot more info, go to www.granitebridge.com.

Source Cressey & Organization Well being Organization Partners