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GTCR closes acquisition of Sterigenics International

Private equity firm GTCR has successfully completed the acquisition of Sterigenics International, Inc, a leading global provider of contract sterilisation and ionisation services for medical devices, food products, and advanced applications, from Silverfleet Capital and PPM America Capital Partners.

The transaction will drive the continued expansion of Sterigenics’ service offering globally. Sterigenics is the sole provider of contract sterilisation and ionisation services on a global basis, with a network of 38 service centres across North America, Europe, and Asia. The company provides its customers with comprehensive sterilisation solutions, offering technology in all leading sterilisation modalities and complementary value-added services. Sterigenics has earned a reputation among its customer base for providing high-quality and cost-effective solutions tailored to customer needs.

“GTCR’s extensive experience investing in leading companies in both the healthcare and business services sectors gives us a unique perspective on the Sterigenics business,” says Dean Mihas (pictured), Principal at GTCR. “We are pleased to have closed this transaction and look forward to partnering with the Sterigenics management team to execute on their plan to grow the business and extend the company’s leadership position.”

“GTCR’s investment is a validation of what we have built at Sterigenics,” notes David Meyer, CEO of Sterigenics. “We are excited to begin a new collaboration with an equity partner committed to our growth as we pursue our strategic goals and expand our service offering to our customers.”

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