Numotion has completed its acquisition deal of Canadian provider Motion, formerly known as Motion Specialties. News of the acquisition broke in July, with that announcement saying the deal was expected to be finalized in the fourth quarter of this year. Ultimately, the agreement — which involves 46 Motion offices in Alberta, British Columbia, Manitoba, Ontario…
Numotion Completes Acquisition Deal of Canadian Provider Motion
Numotion to Acquire Motion, Canadian Provider of CRT, Accessibility Solutions
Motion will continue to operate as a Canadian-based entity after the transaction is complete.
Numotion is acquiring Motion — formerly known as Motion Specialties — a Canadian provider of mobility and home accessibility technology. Motion “has entered into a definitive agreement to join forces with Numotion, the recognized leader in Complex Rehab and independence solutions,” Numotion announced in a July 2 press release. “The transaction will unite two industry…
Sunrise Medical Acquires Made for Movement, Announces Expansion Into Neurorehabilitation
The Norwegian company, traditionally specializing in pediatric technology, recently entered the adult care segment.
Sunrise Medical has acquired Made for Movement, a Norwegian manufacturer of neurorehabilitation therapeutic devices designed to restore and enable movement for people with complex mobility needs. “We are delighted to welcome Made for Movement to the Sunrise Medical family,” Thomas Babacan, Sunrise Medical’s president/CEO, said in a July 1 announcement. “Their unique and strongly positioned…
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…