Access MediQuip Raises $46.9 Million from Mistral Equity, Water Street Partners

Prakash Patel has raised $46.9 million from private equity firms led by Water Street Healthcare Partners and New York-based Mistral Equity Partners, according to CB Insights.

The Lake Mary, Fla.-based company provides an integrated surgical and implant management solution program. Its program delivers analytics that help control the high costs of implants and surgeries.

Founded in 1997, Access MediQuip is led by CEO Prakash Patel, a 15-year industry veteran. Prior to joining Access MediQuip, he was the chief corporate development officer for Magellan Health Services.

Patel holds a doctor of medicine degree, Alpha Omega Alpha (AΩA), from Cornell University Medical College, in New York, and a B.S. Magna cum Laude from the University of Michigan, Ann Arbor.

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