Tag: Medastat
Investors target wound therapy
September 30, 2009Mike Moran
RADNOR, Pa. - The market for regular and bariatric wound care products just got a little more interesting thanks to a trio of private equity investors with deep pockets.
The three companies--Aurora Capital Group, Hollywood Capital and Moelis Capital Partners--joined forces recently to merge RecoverCare and MedaStat, creating a wound care distributor with revenues approaching $200 million, said Hollywood Capital's Chairman Mark Bidner, who will serve as the new company's CEO.
The combined company...