Broadtree Partners Acquires Vital Care Industries

January 5, 2021

Broadtree Partners, a lower-middle market private equity firm based in Charlotte, North Carolina, has acquired Vital Care Industries, a family-run manufacturer and distributor of medical surgical supplies founded in 1984 and headquartered outside Chicago, Illinois. The transaction, supported by Live Oak Bank, positions Broadtree to accelerate Vital Care's growth while the founders (Henry and LeNita Johnson) and equity holder Paul Bistline remain involved in operations and leadership.

Buyers
Broadtree Partners LLC
Targets
Vital Care Industries
Sellers
Henry Johnson, LeNita Johnson, Paul Bistline
Industry
Medical Devices
Location
Illinois, United States
Transaction Type
Buyout

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