por Loren Bonner
, DOTmed News Online Editor | September 17, 2013
Salt Creek Capital announced on Tuesday that it has completed the acquisition of Ultra Solutions LLC, an Ontario, Calif.-based supplier of pre-owned ultrasound equipment.
"Ultra represents an industry leading company with a solid history of growth. We look forward to working with our executive partner, Mr. Sterling Peloso, and the rest of the organization at Ultra to ensure a smooth transition," said Dan Mytels, managing director of Salt Creek Capital.
Peloso is the incoming president and CEO of Ultra Solutions, and said he sees the partnership as an avenue of growth and future success. Before coming to Ultra Solutions, Peloso served as vice president of national accounts and customer care at Aramark. He also participated in Salt Creek Capital's formal Executive Partnership Program.
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Salt Creek Capital is a San Francisco Bay Area private equity firm focused on executive-led buyouts of profitable companies with $3 to $50 million in revenue.