Grand Rapids, Mich.-based Spectrum Health Ventures is joining as a partner in private investment firm Auxo Investment Partners' acquisition of Altus Industries, the companies announced Aug. 24.
Five details:
1. Grand Rapids, Mich.-based Altus designs, manufactures and markets medical point-of-care workstations.
2. Altus' product portfolio includes mobile technology workstations, such as medical mobile carts and workstations on wheels, as well as wall-mounted workstations.
3. As part of the deal, Spectrum Health Ventures, which is one of Altus' largest customers, will join as a partner in the transaction.
4. In addition to Spectrum Health, Altus' other clients include Banner Health, Beaumont Health, Health First and Indiana University Health.
5. Altus' workstations are used across multiple hospital departments, including emergency departments, surgical centers, radiology departments and patient rooms.