SOUTHLAKE, Texas; HOUSTON, Texas; and IRVINE, California – November 11, 2021 – Insight Equity Holdings LLC (“Insight Equity”), a Southlake, Texas private equity firm, is pleased to announce that one of its portfolio companies, CSAT Solutions Holdings, LLC (“CSAT”), has acquired USOC BioMedical, LLC (“USOC”).
Founded in 2010, USOC provides medical device repair services, equipment and parts sales, and leasing solutions for OEMs, hospitals, and medical equipment management companies. USOC specializes in patient monitors, modules, telemetry, CO2 modules, infusion pumps, and an array of other modalities. USOC is located in Irvine, California, and operates throughout the United States and Canada through a depot repair model.
“We are excited to partner with USOC and further expand into the medical device industry,” said Paul McCutcheon, President of CSAT Medical. “This combination marks a new chapter for CSAT, and we will continue our tradition of providing best-in-class service to our customers.”
Ali Youssef, CEO of USOC, added, “Joining forces with CSAT will help USOC expand its geographic footprint, modalities, and customer base. More importantly, CSAT’s technical knowledge, logistical expertise, and customer-centric culture are a great match for USOC.”
“Ali and his team have built a market-leading platform that provides mission-critical products and services to some of the top hospital systems and healthcare operations in North America,” commented Warren Bonham, Partner and Chief Operating Officer at Insight Equity. “Together, we will deliver a differentiated value proposition for the medical device industry with over 2,100 associates.”
Founded in 1992 by Paul McCutcheon, CSAT’s current President, and headquartered in Houston, Texas, CSAT is an all-in-one computer depot repair center, providing in-and out-of-warranty whole-unit and component repairs, as well as inventory management and forward / reverse logistics services, to its blue-chip customer base of computer OEMs.
Insight Equity makes control investments in strategically viable, middle-market manufacturing and distribution businesses across a wide range of industries. Leveraging its collaborative value creation model, Insight Equity facilitates operating enhancements, efficiency improvements, and growth. The firm specializes in partnering with companies in a variety of situations, including corporate divestitures, management buyouts, growth opportunities, going-private transactions, restructurings, and transitions from family ownership.
Insight Equity is headquartered near the Dallas / Ft. Worth International Airport in Southlake, Texas. The firm also has an office in New York City.