Prescotts secures 1.4 million USD exit with sustainable operations

RWB Group AG recently facilitated a lucrative exit involving Prescotts, a US-based company specializing in the refurbishment and resale of surgical microscopes, as part of its commitment to sustainability. The operations-microscope expert not only sells new equipment primarily for neurosurgery, ophthalmology, and ENT surgery, but also purchases used equipment for refurbishment and resale, thereby promoting sustainability. Prescotts’ innovative business model scored a win-win for all stakeholders: sellers gain revenue from outdated equipment, buyers benefit from cost savings, and Prescotts achieves profitability through a second sale, all while conserving resources. Established in RWB’s portfolio since 2019, Prescotts has now been sold through Atlantic Street Capital to Morgan Stanley Capital Partners (MSCP). Steve Rodgers, MD and Head of Healthcare Investments at MSCP emphasized Prescotts' rapid repair and maintenance services—essential in reducing costly equipment downtime. This strategic acquisition aligns with MSCP's focus on high-quality outsourced healthcare services. RWB's exit generates approximately $1.4 million returning to various RWB funds, including International and Direct Return funds.