MBF Healthcare Partners, a middle market healthcare focused private equity firm, has sold Medical Specialties Distributors to private equity firm Water Street Healthcare Partners.
Medical Specialties Distributors, based in Massachusetts, is a provider of infusion products, supplies, biomedical services and technology solutions to the growing home infusion therapy market.
Medical Specialties Distributors offers customers a range of infusion equipment and disposable supplies, as well as services that encompass biomedical rental and repairs, equipment management and tracking, and formulary development.
The company employs more than 250 people, and operates eight fulfilment and service centres across the country.
"MSD has experienced tremendous growth over the last several years, which serves as a testament to the strength of the company’s management team and their passion for serving their customers in the healthcare infusion market," says MBF managing director Jorge Rico (pictured). "The company’s unrivalled innovation and technology offerings have proven to be an invaluable component in driving cost down in the healthcare infusion supply chain."
"We appreciate MBF’s support over the last several years in helping to make MSD the largest healthcare infusion focused supplier in the country. Their deep healthcare knowledge and expertise, along with their ability to adapt and react quickly made them great partners," adds Medical Specialties Distributors chief executive James Beck.
