Clayton, Dubilier & Rice, LLC (“CD&R”) and GS Capital Partners (“GSCP”) today completed the acquisition of medical supplies distributor, HGI Holding, Inc. (“HGI”). Terms were not disclosed.
HGI is a leading mail-order, direct-to-home provider of specialty medical products serving chronic disease patients. The company offers its customer base more than 30,000 products addressing a diverse set of rapidly growing chronic disease market segments including ostomy, diabetes, urological, enteral, incontinence and wound care. HGI’s product offering is one of the broadest and deepest in the specialty medical supply industry, often providing hard-to-find products that other home care suppliers do not carry. Paul Pressler of CD&R is HGI’s new chairman.