PartsSource, which says it has an inventory of more than four million products on its marketplace ranging from batteries, beds, tables, cables, infusion pumps, monitors, sterilizers to other medical and surgical products, has agreed to be acquired by Bain Capital Private Equity.

Bain is purchasing PartsSource from Great Hill Partners for an undisclosed price. “PartsSource has clear runway for organic growth and a significant opportunity to broaden the platform and strengthen its offering to customers through strategic acquisitions, product innovation, and international expansion,” says Bain Capital Private Equity Managing Director Devin O’Reilly. PartsSource will continue to be operated by its current management led by president and CEO Philip Settimi.

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Source: Digital Commerce 360

By Mark Brohan