Press Release May 25, 2017

Great Hill Partners Acquires PartsSource

Goodwin’s Private Equity team advised Great Hill Partners on its acquisition of PartsSource, a leading provider of medical parts and supplies procurement solutions for hospitals, outpatient clinics, and physician offices. As part of the transaction, Great Hill partners Mark Taber, Rafael Cofiño and Cheng Li will be joining the PartsSource's Board of Directors. The financial terms of the transaction were not disclosed.

Great Hill Partners is a private equity firm that has raised over $5 billion in commitments since inception to finance the expansion, recapitalization, or acquisition of growth companies in a wide range of sectors in business-to-business and business-to-consumer industries including software, financial and healthcare technology, digital media, eCommerce, and internet infrastructure. Great Hill targets investments of $25 million to $200 million.

The Goodwin team was led by partners Stuart Rosenthal, A.J. Weidhaas , Bill Weiss and Jennifer Bralower and included partners Roger Cohen, Christopher Stamos and Jim Mattus; counsel Nathan Brodeur, Jacqueline Klosek, Stephanie Philbin, Brian Mukherjee and Ai Tajima ; associates Chi Pan, Matthew Cognetti, Simone Greenspan, Kyle Pine, Steven Argentieri, Jennifer Ford, Tim Holahan, John Ilardo and Matthew Shore; and senior paralegals Tracey Bennett and Servillano Abella.

For additional details on the transaction, please read the press release.