Corbel Capital Partners Acquires Northwest Medical Inc.

Grant Avenue Capital Acquires Performance Home Medical

March 15, 2024

Healthcare Services

Grant Avenue Capital, a healthcare-focused private equity firm, has acquired Performance Home Medical (PHM), a regional provider of home respiratory and sleep therapy services headquartered in Kent, Washington. PHM operates 24 locations across Washington, Oregon and Idaho and plans to use the investment to expand geographically and grow both organically and via selective acquisitions; industry veteran Larry Mastrovich has joined PHM's board as chairman.

Crescendo Capital Partners Acquires Montbleau & Associates; Montbleau Acquires Northwest Woodworks

May 1, 2023

Building Products

Crescendo Capital Partners has acquired Montbleau & Associates and is backing Montbleau’s subsequent acquisition of Northwest Woodworks, combining two architectural millwork firms to accelerate national expansion. The transaction was supported with senior debt from First Merchants Bank and junior debt/equity co-investments from Callodine Strategic Credit and Muzinich & Co.; sellers retain equity and continue in leadership roles.

Reliable Medical Acquires Capstone Medical

May 2, 2023

Medical Devices

Reliable Medical, a partner company of Seven Hills Capital, has acquired Capstone Medical, a Lakewood, Washington-based provider of complex rehabilitation technology and custom rehabilitation equipment. The deal positions Reliable Medical to expand its product and service capabilities for skilled nursing and long-term care providers and to broaden its geographic footprint.

Quipt Home Medical Acquires Access Respiratory Homecare

June 21, 2022

Healthcare Services

Quipt Home Medical Corp. (Quipt) acquired Access Respiratory Homecare, LLC, adding two Louisiana locations and approximately $6.5 million in annualized revenue and an expected $1.3 million of adjusted EBITDA post-integration. The deal expands Quipt’s service footprint into Louisiana (New Orleans and Lafayette), increases its active patient base and referring physician network, and brings a management team with specialized respiratory capabilities and insurance contracts.

New Harbor Capital Makes Majority Investment in Advent Home Medical

March 11, 2021

Healthcare Services

New Harbor Capital has completed a majority investment in Advent Home Medical, a Pontiac, Michigan-based provider of at-home respiratory care, durable medical equipment (DME) and pharmacy services. New Harbor will partner with Advent's management to scale the company's clinical capabilities, expand within Michigan and pursue adjacent high-acuity home healthcare verticals as the founder transitions toward retirement.

Seven Hills Capital Reinvests in Reliable Medical

November 30, 2023

Healthcare Services

Seven Hills Capital has made a follow-on investment in its portfolio company Reliable Medical to support the company's continued growth. The additional capital will help Reliable Medical expand into new and existing markets, accelerate recruitment of ATPs, and broaden its service footprint for patients needing complex rehab technology, clinical respiratory products and durable medical equipment.