"Berkshire Partners has a demonstrated track record of building good companies into even stronger companies," said Masterplan CEO David Winn. "We believe that Berkshire's experienced team will help us to achieve our long-term growth strategies and solidify our leadership position in the healthcare industry."

Debt financing for the transaction was provided by Bear, Stearns & Co., Inc. and Ares Capital Corporation. Harris Williams acted as the Company's financial advisor in the transaction. Masterplan was previously owned by Three Cities Research and Camden Partners.
About Masterplan
Masterplan lowers the cost of owning medical equipment by delivering reliable, high quality maintenance services as well as information and consulting that facilitates capital asset planning decisions. Masterplan is one of the largest independent service organizations in the $6 billion domestic medical equipment services market. The Company serves more than 1,400 healthcare facilities nationwide including exclusive long term contracts and relationships with several large national and regional systems. Masterplan is headquartered in Chatsworth, CA, and has operations in 32 states. For more information, please visit Masterplan at www.masterplan-inc.com or call 1-800-950-2647.


Back to HCB News

More Industry Headlines