AdaptHealth is selling its Complex Rehab Technology (CRT) assets to National Seating & Mobility (NSM). In an Aug. 6 earnings call covering the second quarter of 2024, AdaptHealth’s CFO Jason Clemens said, “For the HME [home medical equipment] and supplies to the home revenue categories, we continue to revaluate products that do not fit our…
AdaptHealth Sells CRT Assets to National Seating & Mobility
Report: National Seating & Mobility Seeks $1.5 Billion Valuation
A private-equity publication said Cinven could be looking to sell the Complex Rehab Technology provider.
National Seating & Mobility (NSM), a Nashville, Tennessee-based provider of Complex Rehab Technology (CRT) and home accessibility equipment in the United States and Canada, is being shopped for acquisition, according to reporting in PE Hub. Global private equity firm Cinven acquired NSM in 2019 for $850 million. PE Hub reported that the firm is now…
Platinum Equity Announces Sunrise Medical Acquisition
The global investment firm is based in Los Angeles.
Sunrise Medical has been acquired by Platinum Equity, a global investment firm headquartered in Los Angeles. In a June 5 press release, Platinum Equity said it had signed an agreement to purchase Sunrise Medical from Nordic Capital, which acquired Sunrise in 2015. Platinum Equity added that the acquisition is expected to be completed in the…
SG Homecare Acquires Western Drug Medical Supply
SG Homecare has 19 locations in California.
SG Homecare Inc., a durable medical equipment and Complex Rehab Technology (CRT) provider, has acquired Western Drug Medical Supply, a move that “unites two industry leaders, creating a platform to dramatically scale a leading force in Southern California’s homecare market.” In the May news announcement, SG Homecare said the two companies together account for more…