Tag: Platinum Equity
Owens & Minor sells Products & Healthcare Services segment to Platinum Equity for $375M
October 7, 2025HME News Staff
RICHMOND, Va. — Owens & Minor has signed a definitive agreement to sell its Products & Healthcare Services (P&HS) segment to Platinum Equity for $375 million in cash. The strategic divestiture supports Owens & Minor’s transformation into a pure-play home-based care platform, centered around its Patient Direct business.
Strategic shift toward home-based care
As part of the transaction, Owens & Minor will retain a 5% ownership stake in the P&HS segment and a preferred...
Sunrise Medical switches investor hands
June 5, 2024HME News Staff
MALSCH, Germany – Private equity investor Nordic Capital has entered into an agreement to sell Sunrise Medical to Platinum Equity.
Nordic Capital says following its acquisition of Sunrise Medical in 2015, the company’s revenue has almost doubled from EUR 364 million to EUR 636 million in fiscal year 2022-23 and its profitability has improved. The company’s number of employees has grown from 2,000 to more than 2,800 worldwide.
“Nordic Capital's deep sector...