LONG BEACH, CA (November 14, 2023) – Sterile Processing Services of America (“SPSA”), a portfolio company of Pacific Avenue Capital Partners, LLC (“Pacific Avenue”), announces it has received, installed, and qualified five STERIS state-of-the-art surgical instrument tray processing equipment lines. Each line has a balanced capacity for decontamination, assembly, and sterilization. In addition, one designed STERIS state-of-the-art robotic processing line specific for robotic assisted surgical requirements. One sterile processing line typically represents approximately 150 surgical instrument trays per day of capacity. “We are very excited to add this critical sterile processing technology and capacity at a time when our customers’ demands are growing,” states SPSA CEO, Tim Weaver. Cory Nestman, SPSA COO, adds, “SPSA is committed to ongoing investment in equipment and systems technology, as well as in our valued employees. We truly feel this sets us apart in the industry and enables us to offer unique value to our customers.”
About Sterile Processing Services of America
Sterile Processing Services of America is a leading provider of offsite medical device and surgical instrument sterilization processing for hospitals, surgery centers, and clinics. The company is also committed to investing in state-of-the-art sterilization processing technology and facilities. SPSA provides transport and full processing to and from healthcare facilities, and also has the capability to manage vendor tray programs. For more information, please visit www.spsausa.com.
About Pacific Avenue Capital Partners
Pacific Avenue Capital Partners is a Los Angeles-based private equity firm focused on corporate divestitures and other complex situations in the middle market. Pacific Avenue has extensive M&A and operations experience allowing the firm to navigate complex transactions and unlock value through operational improvement, capital investment, and accelerated growth. The members of the Pacific Avenue team have closed more than 90 transactions, including over 40 corporate carve-outs, across a multitude of industries throughout their combined careers. Pacific Avenue takes a collaborative approach in partnering with strong management teams to drive lasting and strategic change while assisting businesses in reaching their full potential. For more information, please visit www.pacificavenuecapital.com.