Precision Dynamics Corporation
Precision Dynamics (“PDC”) is the world’s leading provider of patient safety identification and healthcare labeling solutions. It offers the industry’s most comprehensive set of products and services to accurately identify patients, label clinical specimens, track medications and monitor treatments. With patient safety continuing to be one of the nation’s top healthcare issues, PDC’s innovative technology is playing a key role in supporting hospitals with reducing adverse medical events and improving patient outcomes.
Investment: Water Street invested in PDC in 2007 when it was the leading producer of healthcare ID wristbands. In 2008, we led PDC’s acquisition of TimeMed Labeling Systems, Inc. to expand its products into specialty healthcare labels. In 2010, we facilitated the merger of PDC and The St. John Companies Inc. The combination transformed PDC into the world’s leading provider of patient safety identification and healthcare labeling solutions.