Cortec sells majority stake in Canadian Hospital Specialties to Flexpoint Ford

1 minute read
22 April 2021

On April 22, 2021, Canadian Hospital Specialties, a leading specialty distributor and manufacturer of medical and surgical products, announced that it had received a strategic investment from Flexpoint Ford, a private equity investment firm specializing in the healthcare and financial services industries.

Previously majority-owned by affiliates of Cortec Group, CHS will continue operating as an independent company headquartered in Oakville, Ontario.

Gowling WLG advised Cortec with respect to this transaction with a team that included Ian Palm, David Torchetti and Aaron Goldstein.

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