Crothall Services Group
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Crothall Services Group - overview
Location
Wayne, PA, US
Primary Industry
Healthcare
About
Crothall Services Group is a healthcare support services provider, enhancing operational efficiency and patient care through specialized solutions. Founded in Wayne, US, Crothall Services Group specializes in healthcare support services. The company was sold by LLR Capital to Compass Group PLC in August 2001 and has maintained a consistent focus on the healthcare sector. Crothall Healthcare specializes in comprehensive healthcare support services, including clinical engineering, environmental services, facilities management, patient sitting, patient transportation, and sterile processing.
Serving hospitals, ambulatory care centers, and children's healthcare facilities across the United States, Crothall manages over 1 million pieces of medical equipment and transports approximately 11 million patients annually, offering tailored solutions designed for the unique operational needs of healthcare organizations. Crothall Healthcare generates revenue through diversified service offerings based on partnerships and B2B transactions with healthcare providers. Engaging in long-term contracts that specify service delivery terms, the company ensures a consistent revenue stream. Its pricing models reflect the breadth of services provided, emphasizing efficient management of healthcare operations, particularly through flagship services like patient transportation and clinical engineering.
Crothall Services Group is focused on expanding its healthcare support service offerings and aims to enter new geographic markets. Recent strategic discussions suggest plans to broaden operations into major metropolitan areas by 2025. The proceeds from the latest funding round will support these expansion initiatives, including the development of new service lines tailored to emerging healthcare needs.
Primary Industry
Healthcare
Sub Industries
Emergency Services, Healthcare IT
Website
www.crothall.com
Verticals
HealthTech
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Crothall Services Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Healthcare Laundry Systems | - | ||||||||
| Trade Sale | Completed | Crothall Services Group | - | ||||||||
| Growth | Completed | Crothall Services Group | - |
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