Indianapolis-based TRIMEDX has announced plans to acquire the healthcare technologies division of Philadelphia-based Aramark (NYSE: ARMK). The clinical engineering services company says the $300 million deal will allow it to deliver services to a broader set of healthcare providers.
The HCT business is headquartered in North Carolina and provides management programs for clinical equipment at more than 500 hospitals and healthcare facilities, according to Aramark. Aramark says it is selling the business in order to focus more on its core food, facilities, and uniforms businesses.
"We are excited to bring our technology and service model to a greater number of healthcare providers, delivering a comprehensive and differentiated clinical asset management program in an ever-changing environment," said Henry Hummel, chief executive officer of TRIMEDX. "We look forward to Aramark HCT’s talented associates joining the TRIMEDX team to support our strategic operating model focused on partnering with healthcare providers to drive measurable and persistent value."
The acquisition is expected to close in the fourth quarter and remains subject to regulatory approval and customary closing conditions.