Cressey & Co. LP, a private investment firm focused on building healthcare services and information technology businesses, and Health Enterprise Partners, a healthcare-focused investment firm, have acquired the InterMed Group, a provider of healthcare technology management services, from Granite Bridge Partners.
InterMed offers a range of healthcare technology and equipment management services to hospitals and health systems across the U.S., with a focus on biomedical and imaging equipment. The partnership with Cressey and HEP aims to expand InterMed’s offering and capacity to help hospitals and healthcare systems manage inventories of medical equipment more efficiently and cost effectively.
“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, certified healthcare technology manager, 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.
Harris Williams LLC served as financial advisor to InterMed.