SPS Health Acquires Mideast Delivery Solutions

Nautic Partners Makes Growth Investment in SPS Health

February 4, 2022

Healthcare Services

Nautic Partners has made a strategic growth investment in SPS Health to support the company's continued investment in technology, clinical and operational solutions for post-acute pharmacies and PBMs. The capital from Nautic (from its tenth fund) will help SPS expand its technology-enabled offerings and broaden its reach across long-term care, behavioral health, correctional and other specialty pharmacy markets.

SDS Rx Acquires Medical Delivery Services (MDS)

June 24, 2020

Healthcare Services

SDS Rx, backed by HCI Equity Partners, acquired Medical Delivery Services (MDS) on June 23, 2020. The deal brings specialized radiopharmaceutical last-mile transport capabilities and broader geographic coverage (MDS operates in ~20 states) to SDS Rx; financial terms were not disclosed.

HCI-Backed SDS Rx Acquires Mission Critical Delivery Solutions

December 1, 2021

Transportation

SDS Rx, a last-mile healthcare logistics platform backed by HCI Equity Partners, acquired Mission Critical Delivery Solutions, a non-asset-based logistics management company based in Bangor, Maine. Patriot Capital provided subordinated debt and an equity co-investment to support the add-on acquisition, which expands SDS Rx’s geographic coverage and route density in the long-term care pharmacy market.

DHL Supply Chain to Acquire Strategic Delivery Solutions (SDS Rx) from HCI Equity Partners

September 14, 2025

Healthcare Services

HCI Equity Partners’ portfolio company Strategic Delivery Solutions (SDS Rx) has entered into a definitive agreement to be acquired by DHL Supply Chain, a division of DHL Group. The deal is expected to close by the end of 2025, pending customary approvals, and will integrate SDS Rx’s time-critical final-mile healthcare delivery services into DHL’s life sciences and healthcare logistics network.

USPack (NewSpring Holdings) Acquires Capital Delivery Systems

January 8, 2021

Logistics & Distribution

USPack, a NewSpring Holdings platform company, acquired Capital Delivery Systems to expand its wholesale pharmaceutical and critical-parts distribution capabilities and extend final-mile coverage in the Mid-Atlantic and Northeast. The add-on bolsters USPack's healthcare logistics footprint and leverages its tech-enabled operating platform to provide greater visibility and expedited delivery for pharmaceutical and critical parts customers.

AA Medical Acquires Surgical Product Solutions

July 12, 2024

Medical Devices

AA Medical, a supplier of refurbished medical equipment, has acquired Surgical Product Solutions (SPS), a provider of in‑date surgical consumables and supplies, for an undisclosed amount. The acquisition expands AA Medical's product portfolio to include SPS's surgical consumables, strengthening its position as a comprehensive third‑party provider to hospitals, health systems and other care sites and improving accessibility and affordability of premium medical products.