Mergers & Acquisitions

Prescott’s Acquired by Morgan Stanley Capital Partners

6144 Prescott-s Inc. NT

M&A Engagement Overview

Industry Group: Healthcare & Life Sciences
Area of Focus: Medical Products and Devices

Harris Williams advised Prescott’s, a portfolio company of Atlantic Street Capital, on their sale to Morgan Stanley Capital Partners.

As providers face increasing financial pressure, there has been a shift toward using refurbished devices – which require highly specialized, ongoing service needs. Maintaining qualified in-house capabilities is both expensive and difficult. As an outsourced provider capable of servicing a range of modalities with an international footprint of technicians, Prescott’s effectively meets this growing demand for servicing refurbished devices.

Prescott’s is a leading healthcare-focused specialty outsourced clinical engineering services provider. MSCP is partnering with the current management team led by CEO Brian Straeb, who will continue to lead the business.

Prescott’s provides medical equipment repair and maintenance service solutions, alongside refurbished equipment and parts sales and rentals, for critical surgical suite modalities including microscopes, infusion pumps, patient monitors, anesthesia machines, and sterilizers. Prescott’s timely repair and maintenance services enable continuity of care and help healthcare providers avoid costly equipment downtime.

MSCP has a deep understanding of the outsourced clinical engineering space. They will be an ideal partner for Prescott’s as the company enters its next stage of growth and continues building a best-in-class platform in outsourced clinical engineering services for critical biomedical equipment.

Contact the Harris Williams Healthcare & Life Sciences Group to learn more about this client engagement.

Harris Williams is a global investment bank specializing in M&A and private capital advisory services. Clients worldwide rely on us to help unlock value in their business and turn ambitious goals into reality. We approach every engagement with boundless collaboration, pooling expertise and relationships across industries and geographies. For over 30 years, our clients have trusted us to think strategically, execute precisely, and deliver superior outcomes to help them grow.


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