February 6, 2023

Vybirai Ka

Specialists In Health

Cressey & Firm and Well being Enterprise Companions Purchase Healthcare Know-how Administration Supplier, The InterMed Group

Cressey & Firm and Well being Enterprise Companions Purchase Healthcare Know-how Administration Supplier, The InterMed Group

CHICAGO and NASHVILLE, Tenn. and NEW YORK, Jan. 5, 2023 /PRNewswire/ — Cressey & Firm LP (“Cressey”), a non-public funding agency centered on constructing main healthcare providers and knowledge expertise companies, and Well being Enterprise Companions (“HEP”), a healthcare-focused funding agency, immediately introduced that funds affiliated with Cressey and HEP have acquired The InterMed Group (“InterMed”), a premier supplier of healthcare expertise administration providers, from Granite Bridge Companions.

InterMed offers a complete array of end-to-end healthcare expertise and tools administration providers to hospitals and well being methods throughout the USA, with a give attention to biomedical and imaging tools. The partnership with Cressey and HEP will broaden and deepen InterMed’s providing and capability to assist hospitals and healthcare methods handle huge inventories of complicated medical tools effectively and cheaply whereas sustaining its extremely responsive and attentive service to purchasers.

“The Cressey and HEP groups will assist us additional our mission as a trusted supplier to our purchasers and serve a good higher variety of healthcare suppliers with modern, cost-effective well being expertise merchandise and tools upkeep options,” mentioned Rick Staab, CHTM, Chief Government Officer of InterMed. “Cressey and HEP are ideally suited companions for our subsequent section of progress with intensive monitor data of investing in most of the nation’s main healthcare providers and expertise firms. We sit up for what’s subsequent, notably when it comes to the improved advantages we’ll be capable of present our purchasers.”

“We’re excited to accomplice with Rick and the whole InterMed staff as they help healthcare purchasers in enhancing productiveness with their medical tools fleets and play an vital position in serving to ship high quality care to sufferers,” mentioned Dave Rogero, Companion at Cressey. “We see an incredible alternative for InterMed to supply complete, complementary options that deal with healthcare organizations’ most urgent healthcare expertise administration wants.”

Ezra Mehlman, Companion at HEP, mentioned, “By partnering collectively, Cressey and HEP will leverage our mixed experience, expertise and distinctive relationships with well being methods throughout the nation to allow InterMed to broaden its healthcare options choices. Our two corporations are well-positioned and energized to help InterMed on this subsequent stage of progress.”

Harris Williams LLC served as monetary advisor to InterMed.

About The InterMed Group

Headquartered in Alachua, Florida, InterMed is a number one unbiased healthcare expertise providers platform, offering complete asset administration options that drive efficiencies and productiveness for premier healthcare providers organizations throughout varied geographic markets inside the USA.  InterMed affords healthcare expertise administration, biomedical tools providers, diagnostic imaging restore and upkeep, tools gross sales and a fast response service providing. To be taught extra about InterMed, go to www.intermed1.com.

About Cressey & Firm

Primarily based in Chicago, Illinois and Nashville, Tennessee, Cressey & Firm LP is a non-public fairness agency centered on investing in main healthcare providers and knowledge expertise companies. With a historical past spanning 40 years, the Cressey & Firm staff is without doubt one of the most skilled and profitable within the healthcare non-public fairness subject. For extra info, go to www.cresseyco.com.   

About Well being Enterprise Companions

Well being Enterprise Companions invests in privately held, decrease center market healthcare providers and knowledge expertise firms. Central to HEP’s technique is its distinctive and intensive hospital system and well being plan community, 41 members of that are traders in HEP’s funds. HEP seeks to put money into firms that enhance the standard of the affected person expertise, broaden entry, and cut back the price of healthcare. https://hepfund.com/

About Granite Bridge Companions

Granite Bridge Companions LLC is a non-public fairness funding agency that targets management investments in decrease center market firms within the U.S. and Canada with EBITDA between $2 million and $10 million within the following focused industries: business, industrial {and professional} providers; healthcare providers; and value-added manufacturing and distribution. For extra info, go to www.granitebridge.com.

SOURCE Cressey & Firm; Well being Enterprise Companions

Cressey & Firm and Well being Enterprise Companions Purchase Healthcare Know-how Administration Supplier, The InterMed Group