Birch Swing Capital Acquires Scrubs on Wheels

April 13, 2023

Birch Swing Capital has acquired Universal Med Apparel LLC, which does business as Scrubs on Wheels, a mobile-based provider of medical apparel serving long-term care and healthcare facilities. Spring Capital Partners IV invested subordinated debt and minority equity alongside Birch Swing and Scrubs on Wheels' management; Dennis Carrico will remain President and retain an ownership stake. Birch Swing intends to scale the business organically and via add-on acquisitions while investing in technology and service initiatives.

Buyers
Birch Swing Capital, Spring Capital Partners IV, L.P.
Targets
Universal Med Apparel LLC (d/b/a Scrubs on Wheels)
Location
Indiana, United States
Transaction Type
Buyout

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