Two investment firms have acquired The InterMed Group, a provider of healthcare technology management services, to help expand its ability to help hospitals and healthcare systems manage vast inventories of complex medical equipment efficiently.
Cressey & Company, a private investment firm focused on building leading healthcare services and information technology businesses, and Health Enterprise Partners (HEP), a healthcare-focused investment firm, announced that funds affiliated with both investment firms have acquired The InterMed Group from Granite Bridge Partners.
“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,” says Rick Staab, CHTM, CEO of InterMed. “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.”
InterMed provides an array of end-to-end healthcare technology and equipment management services to hospitals and health systems across the United States, with a focus on biomedical and imaging equipment. The partnership with Cressey and HEP will expand and deepen InterMed’s offering and capacity to help hospitals and healthcare systems manage vast inventories of complex medical equipment efficiently and cost effectively while maintaining its highly responsive and attentive service to clients.
“We are excited to partner with Rick and the entire InterMed team as they assist healthcare clients in enhancing productivity with their medical equipment fleets and play an important role in helping deliver quality care to patients,” says Dave Rogero, partner at Cressey. “We see a great opportunity for InterMed to offer comprehensive, complementary solutions that address healthcare organizations’ most pressing healthcare technology management needs.”