Reliable Medical has acquired Certified Seating and Mobility, a Smyrna, Georgia-based seating and wheeled mobility provider founded by Rullie Hallman, ATP, CRTS, and Noelle Hallman, ATP. In a press release posted to social media by Seven Hills Capital on Feb. 19, Reliable Medical, based in Nashville, Tennessee, said the acquisition “aims to streamline service delivery…
Reliable Medical Acquires Certified Seating and Mobility
Sunrise Medical Acquires Nuprodx
Nuprodx manufactures bathroom tub-slider systems, including some with tilt.
Sunrise Medical has acquired Nuprodx, a California-based manufacturer of bathroom mobility products, including models with positioning features and functions. In an Oct. 7 news announcement, Sunrise said, “This acquisition strengthens Sunrise Medical’s portfolio by adding Nuprodx’s best-in-class bathroom mobility solutions to its existing broad range of assistive mobility solutions.” David Gaskell, Nuprodx’s president/CEO, will transition…
AdaptHealth Sells CRT Assets to National Seating & Mobility
The HME provider said during an earnings call that it will focus on the diabetes, respiratory, and sleep apnea segments.
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…
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…