Why sell to a private equity firm?
Who: Herida Healthcare
What: A mattress, cushion and accessory manufacturer whose products help to treat and relieve pressure injuries.
Herida Healthcare was acquired by Winncare, a leading manufacturer of medical beds and patient handling equipment, following a private equity investment that will help boost Herida's already impressive growth.
GS Verde advised on the structure of the transaction, and supported throughout the deal itself, to a successful outcome, as well as post-completion.
"The acquisition by Winncare marks the start of an exciting new era for our business. Over the last few years, we have spent time appointing the right people and the right teams in order to grow and with the strength of Winncare behind us, there is the opportunity to escalate this further. I predict a very bright future for us in the pressure area care sector." - Sean Spencer, Managing Director, Herida Healthcare