PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Morgan Stanley Infrastructure Partners acquires SpecialtyCare from Kohlberg & Company

Investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), a private infrastructure team within Morgan Stanley Investment Management, have acquired SpecialtyCare, Inc from Kohlberg & Company, LLC (Kohlberg).

SpecialtyCare operates the leading network of outsourced clinical services to hospital operating rooms in the US. With 1,200-plus client hospitals in 46 US states, it is the leading provider of cardiovascular perfusion, extracorporeal membrane oxygenation (ECMO), intraoperative neuromonitoring (IONM), and autologous perfusion services (ATS). Furthermore, SpecialtyCare is a leading provider of sterile processing services, endoscopic support and surgical assistance.

“We believe that SpecialtyCare provides an essential solution to its partners in an industry with considerable tailwinds through a contracted business model. We look forward to building upon the Company’s successful track record and further supporting their growth trajectory,” says Chris Ortega, Managing Director and Head of the Americas for MSIP.

Sam Weinstein, SpecialtyCare’s CEO, says: “We are thrilled to be aligned with MSIP as we continue to pursue opportunities to improve patient care outcomes and grow our impact. We believe working with MSIP can allow us to further invest in our team with a continued focus on enhancing our strong culture.”

Evan Wildstein, Partner with Kohlberg, comments: “We feel fortunate to have partnered with Sam and the entire SpecialtyCare management team to build their position as a premier solutions provider to hospitals across the country. The Company has an outstanding, mission driven culture and is best-in-class in outsourced, operating room services.”

Evan Wildstein, Partner with Kohlberg, says: “We feel fortunate to have partnered with Sam and the entire SpecialtyCare management team to build their position as a premier solutions provider to hospitals across the country. The Company has an outstanding, mission driven culture and is best-in-class in outsourced, operating room services.”

Moelis & Company LLC and Harris Williams served as financial advisors to SpecialtyCare and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured