The InterMed Group

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The InterMed Group - overview

Established

1996

Location

Alachua, FL, US

Primary Industry

Healthcare

About

Based in the US, InterMed Group, Inc. specializes in Healthcare Technology Management, delivering tailored services for healthcare providers to enhance operational efficiency and regulatory compliance in medical equipment management. InterMed Group, Inc. focuses on Healthcare Technology Management, providing solutions for healthcare providers.


Founded in 1996 and headquartered in Alachua, US, the company has undergone strategic shifts to enhance its service offerings. The current CEO is Rick Staab. In January 2023, the company was acquired by Cressey & Company and Health Enterprise Partners from Granite Bridge Partners, although financial terms were not disclosed. The company has completed a total of 3 deals, with the most recent deal occurring on 2023-01-05.


InterMed specializes in Healthcare Technology Management (HTM), offering comprehensive medical equipment planning, asset management, and regulatory compliance services that target the entire equipment life cycle. They serve a diverse array of healthcare facilities, from hospitals to outpatient clinics, providing customized solutions to improve operational challenges. Their services span multiple geographical markets, especially in the Southeastern United States, ensuring wide accessibility for clients. InterMed's revenue model is based on service agreements and maintenance contracts, fostering long-term relationships with clients.


Transactions typically occur through direct contracts with healthcare organizations, including subscriptions for ongoing support and one-time fees for specific projects or equipment sales. Their offerings include full-service maintenance, preventive maintenance plans, and tailored cooperative agreements, such as comprehensive imaging services and equipment sales involving their flagship JumpTeams™ for rapid technician deployment. Following the acquisition in January 2023, InterMed Group, Inc. aims to enhance its solutions and capacity to support healthcare institutions and hospitals.


The company has plans to expand its services into new geographic regions, focusing particularly on increasing its footprint in underserved areas across the United States. The recent acquisition funding will facilitate these growth initiatives, bolster their service offerings, and strengthen their market presence.


Current Investors

Cressey & Company, Health Enterprise Partners

Primary Industry

Healthcare

Sub Industries

Facilities & Maintenance Services, Diagnostic, Medical & Imaging Laboratories, Medical Equipment Distributors

Website

www.intermed1.com

Verticals

HealthTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

The InterMed Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedThe InterMed Group-
Add-onCompletedModern Biomedical & Imaging, Inc.-
Add-onCompletedSigma Imaging Technologies, Inc.-
Add-onCompletedHorizon CSA LLC-
Secondary BuyoutCompletedThe InterMed Group-

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