Prescott’s a provider of refurbishment, maintenance, repair and service work for surgical microscopes utilised in hospital operating rooms and ambulatory surgery centres, and a portfolio company of Atlantic Street Capital (ASC), has expanded into the anaesthesia specialty service and support sector with the acquisition of Heartland Medical Sales & Service (Heartland).
Founded in 1998 by Bradly Rumph, Heartland focuses on delivering reliable service, repair, refurbishment and sales of anaesthesia machines and related equipment. As Heartland has grown, its equipment capabilities have expanded as well to include single replacement devices to the complete outfitting of surgery centres and other medical facilities and equipment rental, refurbishment, and repair services. Heartland remains dedicated to its roots as a service company which is a natural extension of Prescott’s business.
Prescott’s investment in Heartland represents the first of several anticipated acquisitions in the anaesthesia refurbishment, maintenance, repair and service sector as well as other related contractual outsourced service, repair and maintenance business models serving the hospitals, integrated delivery networks (IDNs), surgery centres and specialty practice environments.
