INDIANAPOLIS, August 05, 2025 — HKW, a middle-market private equity firm focused on growth companies, has partnered with the Cherubini family to recapitalize AliMed Inc. (“AliMed”).
AliMed is a national provider of branded medical products headquartered in Dedham, MA. Founded in 1970, AliMed serves over 15,000 acute and non-acute care facilities, including hospitals, surgery centers, nursing homes and long-term care facilities.
“Over 55 years ago, my parents founded AliMed with a focus on quality and service,” Alexandra Cherubini said. “Partnering with HKW honors that legacy and accelerates our growth as we work to deliver even more to our healthcare community.”
“AliMed is a great fit with HKW’s strategy of partnering with family-owned businesses to unlock potential growth and profitability opportunities,” Devraj Roy, Partner at HKW, said. “The Cherubini family has invested heavily in management talent, digital capabilities, and in developing the AliMed brand. We’re excited to build on this foundation while bringing our experience in specialty manufacturing and distribution businesses serving the healthcare market. We will seek to accelerate organic growth as well as pursue logical acquisitions.”
The financial terms of the transaction were not disclosed.