Water Street divests infusion company

Tuesday, December 3, 2013

CHICAGO – Water Street Healthcare Partners has sold Stoughton, Mass.-based Medical Specialties Distributors to New Mountain Capital, according to a Dec. 2 release. Medical Specialties Distributors, which supplies infusion therapy products, supplies, biomedical services and IT solutions, purchased Medical Technology Resources in June. “Water Street has been instrumental in our company’s success,” said Jim Beck, president and CEO of Medical Specialties Distributors, in a release. “Its team helped us generate new ideas and expand our relationships with the industry’s leading manufacturers and multi-site health care providers."