Palladium Equity Partners Acquires Majority Stake in DME Express from WayPoint Capital Partners

Palladium Equity Partners Acquires Majority Stake in Source Logistics

November 2, 2023

Logistics & Distribution

Palladium Equity Partners has acquired a majority stake in Source Logistics, a City of Industry, California-based 3PL provider serving Hispanic food & beverage and consumer goods brands. Palladium will invest alongside the company's founders, who will remain in leadership, and plans to support growth through organic investment and add-on M&A while leveraging Source Logistics’ 12 facilities and more than 2.3 million square feet across four states.

Montgomery DME (Incline Equity) Acquires Advantage Home Medical Services

November 22, 2022

Healthcare Services

Montgomery DME, a portfolio company of Incline Equity Partners, acquired Advantage Home Medical Services (AHMS), a North Las Vegas-based provider of durable medical equipment for hospice patients. The transaction, advised by Generational Equity, closed on November 22, 2022 and expands Montgomery DME's hospice-focused DME footprint and capabilities.

Incline Equity Partners Acquires Montgomery DME from Monument MicroCap Partners

August 3, 2022

Healthcare Services

Pittsburgh-based private equity firm Incline Equity Partners acquired Montgomery DME (MDME), a Santa Fe Springs, California-based provider of durable medical equipment rental services to the hospice market, from Monument MicroCap Partners on August 3, 2022. MDME operates five Southern California facilities serving over 400 hospice agencies; Incline said it will support continued growth through bolstering sales capabilities and pursuing add-on opportunities.

Montgomery DME (Monument MicroCap) Recapitalizes Premier Medical Equipment & Supply

December 16, 2021

Healthcare Services

On December 16, 2021, Interlang, Inc. d/b/a Montgomery DME (a portfolio company of Monument MicroCap Partners) recapitalized Premier Medical Equipment & Supply. Premier, based in Colton, California, provides durable medical and home medical equipment rentals to hospice and home health providers in San Bernardino County and other parts of Southern California; the transaction expands MDME's geographic footprint and resources.

Management-Led Investor Group Acquires DolEx Dollar Express from Palladium Equity Partners

January 27, 2020

Financial Services

Palladium Equity Partners has completed the sale of the parent company of DolEx Dollar Express, Inc. to a group of investors that includes company management. DolEx, a Duluth, Georgia-based provider of remittance and retail financial services operating roughly 525 branches and over 2,700 agent locations across the U.S., Puerto Rico, U.S. Virgin Islands and Europe, was sold with terms undisclosed; Stephens Inc. advised DolEx while Advanced Capital Partners advised the acquiring investors.

Palladium Equity Partners Acquires Jordan Health Services

December 27, 2010

Healthcare Services

Palladium Equity Partners, through an affiliate, has acquired Jordan Health Services (Jordan Healthcare Holdings, Inc.) from undisclosed sellers; terms were not disclosed. Jordan, founded in 1975 and based in Mount Vernon, Texas, is one of the largest home healthcare providers in Texas with over 12,000 employees across 28 locations; Palladium said it will partner with management to pursue regional expansion and a greater focus on skilled healthcare services.