Locke Lord Partners Andrew Hughes and Paul Mahoney represented Silver Oak Services Partners, a leading lower-middle market private equity firm focused exclusively on business, healthcare and consumer services companies, in its February 2016 sale of National Distribution & Contracting, Inc. (NDC) to New York-based private equity firm Court Square Capital Partners. Headquartered in Nashville, Tennessee, NDC is a leading healthcare supply chain company and distributor of consumable medical supplies. The company operates as one of the largest master distributors in healthcare, purchasing supplies directly from manufacturers and providing a broad product line to distributors who handle the last mile delivery direct to health care providers.
Locke Lord represented Silver Oak in its original investment in NDC in February of 2010 and in NDC’s two add-on acquisitions. Among other Locke Lord team members, Chris Flanagan advised on tax matters and deal structuring considerations and Lori Basilico advised on benefits and executive compensation matters.
Posted February 24, 2016