PE Firms Exiting SterilMed After Just One Year

Great Hill Partners and Primus Capital Funds have agreed to sell their portfolio company SterilMed to Ethicon Endo-Surgery. SterilMed provides products and services that help healthcare providers lower their medical device and equipment costs, such as medical device reprocessing, equipment repair and pre-owned equipment sales. The company was acquired by Great Hill and Primus in July 2010.