BOSTON – Riverside Partners, a private equity firm focusing on healthcare and technology businesses, has partnered with management to acquire Innovative Product Achievements (IPA), based in Duluth, Ga.
IPA designs and manufactures automated surgical scrub- and linen-distribution systems sold into hospitals and ambulatory surgery centers. IPA’s products are designed to save hospitals money on scrub and linen management by reducing losses, decreasing misuse and minimizing inventories, the company says.
