Press Release

 

Caddo Lake Capital Advises Prescott's Inc. on Strategic Acquisition of Adepto Medical

 

May 2023 – Las Colinas, TX – Caddo Lake Capital is pleased to announce its role in facilitating Prescott's Inc.’s recent acquisition of Adepto Medical, a key player in the medical equipment service industry. This strategic acquisition marks an important step in Prescott's Inc.’s expansion plan, backed by private equity firm Atlantic Street Capital.

 

Prescott’s Inc., renowned for its expertise in the refurbishment, maintenance, and repair of surgical microscopes, is broadening its portfolio with Adepto Medical. Adepto specializes in the maintenance and refurbishment of infusion pumps, critical to hospital and surgical center operations across the U.S. This acquisition aligns with Prescott’s vision of creating a diversified group of companies focused on providing comprehensive solutions for maintaining essential medical equipment.

 

This move follows Prescott's earlier acquisitions, including Preventive Maintenance Medical (PMM), which expanded its offerings to include medical and laboratory sterilizers and washers. These strategic acquisitions position Prescott’s Inc. as a market leader in the medical equipment servicing sector, capable of providing a full range of support services across multiple specialties.

 

About Caddo Lake Capital

 

Based in Las Colinas, TX, Caddo Lake Capital is an M&A advisory firm that operates at the intersection of entrepreneurship and capital markets, providing strategic pathways for successful mergers and acquisitions. With decades of experience representing both buyers and sellers in private markets, CLC offers a unique perspective on the transactional needs of investors and business owners alike.

 

For more information, contact Fred McCallister at fred@caddolakecapital.com