Gauge Capital Recapitalizes Reliable Medical

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.

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.

Reliable Medical Acquires MedRehab

September 30, 2023

Healthcare Services

Reliable Medical, a partner company of Seven Hills Capital, has acquired MedRehab, an Austin-based provider of complex rehab technology (CRT) and mobility solutions founded in 2018. The acquisition strengthens Reliable Medical's capacity and presence in the Texas market and expands its ability to serve medically complex pediatric and adult patients with customized equipment repairs and modifications.

Reliable Medical (Seven Hills Capital partner) Acquires Revolution Access

March 1, 2024

Healthcare Services

Reliable Medical, a Seven Hills Capital partner company, has acquired Revolution Access, a Complex Rehab Technology (CRT) provider based in Asheville, North Carolina. The add-on expands Reliable Medical’s CRT footprint into North Carolina and enhances its capacity to deliver custom wheelchairs and seating solutions for pediatric and adult patients.

Gauge Capital Recapitalizes Lucent Health

April 9, 2024

Healthcare Services

Gauge Capital has partnered with Lucent Health’s management to provide growth capital and recapitalize the Nashville-based third-party administrator. Gauge acquired Lucent from a consortium led by NaviMed Capital and has taken board seats to support Lucent’s organic growth and M&A strategy, leveraging Lucent’s Narus Health care management platform.

Gauge Capital Provides Growth Capital to Streamline Healthcare Solutions

March 7, 2023

Software

Gauge Capital has made a strategic growth investment to recapitalize Streamline Healthcare Solutions. The investment will support Streamline’s SmartCare EHR platform for behavioral health providers, enabling product development, infrastructure investment, and accelerated growth under the existing founders and management team.