Pittco Management announced an equity investment in Prescient Logistics (doing business as RepScrubs) through a special purpose entity formed and managed by Rockmont Partners Management.
Launched in 2015 and based in Sanford, Florida, RepScrubs is transforming healthcare compliance with a closed-loop system that ensures full transparency, accountability and streamlined management of perioperative vendors across 600+ leading U.S. hospitals, health systems and surgery centers. And RepScrubs’ platform simplifies vendor credentialing requirements, enhancing security and compliance in high-stakes healthcare environments.
Pittco is the single-family office for Joseph R. “Pitt” Hyde III (founder of AutoZone) and his wife Barbara. And Pittco was established over 30 years ago, and provides investment, accounting, tax, and financial services from its headquarters in Memphis, Tennessee.
KEY QUOTES:
“We are excited to invest alongside the Rockmont team in RepScrubs. RepScrubs’ innovative technology gives healthcare systems and their staff peace of mind and has tremendous potential to help them do more with less.”
- Pittco President and Chief Investment Officer Henry Guy
“We are honored to have Pittco as our partner in RepScrubs. Their connectivity and insights into the market made for a great strategic fit to help further propel RepScrubs into new markets and new products. We couldn’t be more pleased to have Henry and his team of experts working with us on this exciting venture.”
• ⁃ Brian Fox, Managing Partner of Rockmont
