Fierce Healthcare July 21, 2021
Bain Capital is eyeing opportunities in the ongoing digitization of healthcare with its recent acquisition of medical equipment parts and services company PartsSource.
Bain Capital Private Equity purchased the supplier from Great Hill Partners in a deal that values the company at about $1.25 billion, according to people familiar with the matter, The Wall Street Journal reported.
The companies did not disclose financial terms of the deal.
Bain Capital’s experience in healthcare and healthcare IT investments include Waystar, Zelis, HST Pathways, IQVIA, Kestra Medical Technologies and Grupo Notre Dame Intermedica.
The company’s investments in healthcare providers such as HCA Healthcare, Aveanna Healthcare and Surgery Partners offered insights into the challenges that providers face, Devin O’Reilly, a managing director at Bain...