LONG BEACH, CA (May 19, 2023) – Sterile Processing Services of America (“SPSA”), a portfolio company of Pacific Avenue Capital Partners, LLC (“Pacific Avenue”), announces the plans to renovate its 30,000 square foot medical instrument sterile processing facility located in Long Beach, CA. “The facility will be fully renovated with medical grade materials and air handling systems and will be able to process over 700 surgical instrument trays per day with an option to add up to another 500 trays per day in years to come,” states SPSA CEO Tim Weaver. The renovation commenced in early April, 2023, and is planned to be completed in early 2024.
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 65 transactions, including over 35 corporate divestitures, 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.