HKW sells Canadian Hospital Specialties and Benlan in sponsor-to-sponsor deal
Indianapolis, Indiana-based private equity firm Hammond, Kennedy, Whitney & Company (HKW) has sold Canadian Hospital Specialties ULC and Benlan Inc, which distribute and manufacture a broad range of sterile, disposable, medical and surgical devices in the Canadian market. The buyer is Cortec Group, a private equity firm based in New York. The financial details of the transaction were not published. The Oakville, Ontario-based Canadian Hospital Specialties and Benlan have been portfolio investments of HKW since 2010.
13 November 2013•2 mins read
