27.08.2014 21:11:08

Harris Williams & Co. Advises IPA On Its Sale To Roper Industries

(RTTNews) - Harris Williams & Co., a member of The PNC Financial Services Group, Inc. (PNC) announced the sale of IPA, LLC, the manufacturer of automated scrub suit and linen dispensing equipment for acute care hospitals, to Roper Industries (ROP).

Commenting on IPA, Harris Williams said it is a portfolio company of Riverside Partners.

The company noted that IPA's products are specifically designed to save facilities money on scrub and linen management by reducing losses, decreasing misuse, and minimizing inventories. IPA's platform products include scrubEX and alEx. The company's products are installed in over 600 hospitals throughout North America.

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