Platinum Equity Acquires Healthcare Products Distributor NDC From Court Square Capital Partners
Investment will leverage firm's extensive experience in supply chain and distribution
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LOS ANGELES, March 8, 2021 /PRNewswire/ -- Platinum Equity announced today the acquisition of NDC, a healthcare supply chain company and distributor of consumable healthcare supplies, from an affiliate of Court Square Capital Partners.
Headquartered in Nashville, Tenn., NDC is one of the largest master distributors in healthcare and serves as an essential intermediary between medical supply manufacturers and a highly-fragmented base of regional and specialty distributor customers.
"NDC has built an impressive national distribution platform with substantial opportunity for growth," said Platinum Equity Managing Director Jason Price. "The company has strong leadership, a service-oriented culture and a unique value proposition that makes the delivery of medical supplies more efficient. Our plan is to continue building scale organically and through additional partnerships or M&A activity to grow the company's footprint and expand its base of customers and suppliers."