Pittsburgh-based Incline Equity Partners has sold ASP Global, a developer of consumable medical products for healthcare providers, to Platinum Equity.
Atlanta-based ASP provides products that are customized to meet the specific needs of health systems, labs, GPOs and distributors.
“We are proud that ASP has more than doubled revenue since our investment in January 2020,” Incline Partner Tom Ritchie said in a statement. “Together, we strengthened the commercial team, driving organic growth through new hospital system wins and increasing wallet share with existing customers.”
Incline Equity Partners is a private equity firm dedicated to investing across the middle market in services, value-added distribution and specialized light manufacturing companies.
