Vesey Street Capital Partners recapitalizes Safecor Health

The private equity firm plans to enable the healthcare company's next phase of growth, including via add-on acquisitions.

Vesey Street Capital Partners has completed a recapitalization of Safecor Health, a provider of pharmaceutical unit dose packaging services. JP Morgan Chase Bank, N.A. provided debt financing to support the transaction, while Chabria Advisory LLC provided financial advice to Safecor.

PRESS RELEASE

NEW YORKAug. 25, 2021 /PRNewswire/ — Vesey Street Capital Partners, LLC (“VSCP”), a New York-based healthcare services private equity firm, announced that funds managed by VSCP have completed a recapitalization of Safecor Health (“Safecor” or the “Company”). The Company is the market leader of pharmaceutical unit dose packaging services for hospitals and health systems and provides unit dose packaging services to pharmaceutical manufacturers and digital pharmacy companies. Terms of the transaction were not disclosed.