Tower Three Partners Announces Controlling Investment in Nurse Assist, LLC
Summary
With significant investment in automation and product development and an established platform in the dynamic and emerging pre-filled syringe market, the Company is well-positioned to meet the needs of its customers in the expanding senior population and continue on its trajectory of growth and strong performance. I am confident our stakeholders – including customers, patients and employees – will benefit from Tower Threes experience and expertise in helping companies broaden their infrastructure, strengthen operations and create greater scale as Nurse Assist continues to increase capacity and drive growth. With this investment, Tower Three will leverage our deep operational experience and capital to help Nurse Assist build on its existing market position and further establish itself as a leading medical device provider. With Tower Threes support, we are confident that Nurse Assists outstanding management team, led by Kevin Seifert, will capitalize on the Companys tremendous market opportunities and continue to drive growth and profitability across the business. Tower Three Partners works collaboratively with the management teams of its portfolio companies to prioritize and implement transformative changes in operations, strategy, growth and/or capital structure to significantly improve business performance.