Levine Leichtman capital companions, a private fairness firm based mostly in Beverly Hills, partnered with management to purchase Capsa Healthcare, a world issuer of mobile workstations, remedy administration tools and pharmacy automation methods, company officials introduced Monday.
Levine Leichtman purchased the Portland-primarily based healthcare enterprise from antecedent basic . of Chicago. terms and timing of the sale have been now not disclosed. Levine Leichtman officers spoke of Capsa’s administration group retained a minority ownership stake.
“we’re aflame to accomplice with Andrew Sherrill, CEO and the leisure of the Capsa management crew, who have efficaciously built a market leading business in a pretty section of the health affliction business,” Levine Leichtman partner Aaron Perlmutter stated in a press release.
Kirkland & Ellis offered prison information to Leichtman. Midcap fiscal of los angeles, NewStar economic of Boston and Madison basic of manhattan helped accounts the deal. London funding financial institution Harris Williams & Co. counseled Capsa on the sale.
Capsa has production facilities in Columbus, Ohio, and Agua Prieta Mexico, and serves greater than three,000 fitness affliction systems, senior care communities and main retail and institutional pharmacies.
here’s the 2d fitness care-linked acquisition Levine Leichtman fabricated during the past two weeks. prior this ages the private fairness company struck a deal with therapeutic research middle’s management to buy the Stockton pharmacist training business for an undisclosed sum.
fitness enterprise anchorman Dana Bartholomew can also be accomplished at dbartholomewlabusinessjournalm. follow him on cheep _DanaBart.
Levine Leichtman capital partners “LLCP”, a l. a.-primarily based inner most equity company has acquired Capsa Healthcare, a issuer of cellular workstations, remedy management products, and pharmacy automation solutions for healthcare settings. fiscal phrases of the accretion have been no longer disclosed.
shaped in the course of the integration of Capsa solutions, Rubbermaid Healthcare, and Kirby Lester, Capsa Healthcare develops and manufactures factor-of-care Workstations, medication administration solutions, and Pharmacy Automation methods that raise their shoppers’ performance by means of knowing their challenges and providing fantastic, built-in options.
The enterprise’s workflow options raise efficiency for over three,000 customers, including leading health techniques, senior care communities and foremost retail and institutional pharmacies. Capsa is headquartered in Portland, OR and has extra creation amenities in Columbus, OH and Agua Prieta, Mexico.
As a part of the acquisition, Capsa Healthcare led by means of CEO Andrew Sherrill will purchase a meaningful possession stake in Levine Leichtman capital partners. “My crew and that i are actual excited to companion with LLCP as Capsa seeks to raise its bazaar-main place throughout the healthcare ecosystem. LLCP’s experience throughout sectors together with enormously-engineered products and healthcare capabilities – the circle of which Capsa is situated – as well as LLCP’s operational and deal alpha resources, may be critical to the persevered growth of the enterprise,” spoke of CEO Andrew Sherrill in an announcement.
About Capsa Healthcare Capsa Healthcare is a global chief in constructing and supplying ingenious healthcare options for a large spectrum of care suppliers. With 50+ years of experience, Capsa Healthcare offers a special capacity to meet the demands of diverse healthcare environments and presents a wide range of products together with treatment carts, scientific carts, point-of-affliction carts, and pharmacy automation solutions. Headquartered in Portland, OR, Capsa Healthcare has over four hundred personnel with management, earnings, and production offices right through the area. To study more, visit