Breaking News Community Announcements Uncategorized

Industry Players Join Forces to Launch Combined Brand

Written By: Erica Brown

ALACHUA, FL (January 14, 2016) — Long-term industry stalwarts InterMed Biomedical,
InterMed Ultrasound, InterMed Nuclear Medicine, and InterMed X-Ray have joined forces with
premier financial player Wafra Partners, LLC to form The InterMed Group.

This restructuring positions The InterMed Group to become the preeminent third-party provider
of medical equipment management and service solutions in the U.S., and opens avenues to
new opportunities to provide the creative solutions and stellar customer service for which the
InterMed name has long been known.

Rick Staab, CEO of the newly combined entity, says, “The InterMed Group is uniquely
positioned to capitalize on several avenues for enhancing its service proposition as an
integrated, broad organization with diversified equipment management and service offerings.
Combining the modalities into a single company and streamlining services positions us for
significant growth. The entire team is excited about this momentum.”

Staab will be joined by long-term industry leaders Dave Bauerle, Don Fletcher, and Shawn
Chatfield in key management roles.

Michael Goodman, Managing Director of Wafra Partners adds, “Wafra believes that InterMed is
an excellent platform in this highly fragmented sector. Rick Staab and his management team
have earned a reputation for delivering superior and consistent services in each modality, and
we look forward to supporting their growth initiatives and momentum.”

About The InterMed Group:
The InterMed Group is a premier provider of integrated technology management services with
four divisions specializing in serving the Biomedical, Nuclear Medicine, Ultrasound, and X-Ray
modalities. Their highly trained specialists are focused on enhancing the overall quality, cost,
and confidence in equipment administration. The InterMed Group offers a broad range of
services to healthcare providers, including: inspection, preventative maintenance, repair,
logistics planning, and consulting. InterMed also sells pre-owned, reconditioned, and new
equipment from select OEMs.

About Wafra Partners, LLC:
Wafra Partners, LLC is a private equity firm focused on middle market companies based in
North America that have enterprise values between $20 and $150 million. They are currently
seeking acquisitions of companies in consumer products, outsourced business services, niche
manufacturing, and consumer-driven services.

For more information about The InterMed Group, please contact David Bauerle at 386-462-
5220 or [email protected]

Leave a Comment