Private equity firm Gauge Capital has acquired Reliable Medical. Broadly, the move signals continued investor interest in the Complex Rehabilitation Technology and mobility sector amid demographic tailwinds and persistent demand for specialized care. Financial terms of the deal were not disclosed. “[Reliable CEO Charles Sargeant] and the broader Reliable management team have done an excellent…
Gauge Capital Invests in Reliable Medical, Sets Sights on Next Phase of Expansion
Reliable Medical Acquires Certified Seating and Mobility
The Smyrna, Georgia-based CRT provider was founded in 2015.
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…