VERTESS Completes Major Healthcare Transactions in Q3 2016

VERTESS Completes Major Healthcare Transactions in Q3 2016

PR Newswire

TUCSON, Ariz., Nov. 15, 2016 /PRNewswire/ — VERTESS (www.vertess.com), a leading healthcare M+A advisory firm, today announced the closing of three major healthcare transactions in Q3 2016.

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VERTESS represented Metro-Med, Inc., a Burbank, CA-based specialty provider of respiratory equipment and related services in an acquisition by Good Night Medical, LLC, a Cleveland, OH-based durable medical equipment (DME) company with additional operations in Arkansas, Texas, and Massachusetts. VERTESS also represented Integrity Medical, Inc., a Savannah, GA-based provider of complex rehabilitation technology (CRT), in an acquisition by National Seating & Mobility, Inc., a national, Franklin, TN-based leader in the CRT marketplace.

“Both of these acquisitions were very beneficial to our clients, as well as the buyers, who were able to strategically expand in core areas they had identified,” noted Bradley Smith, the VERTESS Managing Director/Partner who represented both Metro-Med and Integrity Medical in their transactions.

Alpine Investors, Inc., was a buy side client for VERTESS in the purchase of Acumen, Inc., a Mesa, AZ-based provider of fiscal agent services, primarily for publicly-funded elder citizens and people with disabilities. Acumen is being integrated into TEAM RMS, Inc., a San Francisco, CA-based company offering similar services in the private sector.

Tom Schramski, PhD, CMAA, Founder and Managing Partner of VERTESS, who represented Alpine Investors, said “We’ve had a great 2016 delivering strong value to all parties and we believe that 2017 will be another tremendous year for our clients.”

For more information, please contact Tom Schramski at tschramski@vertess.com.

About VERTESS

VERTESS is a healthcare-focused M+A firm with expertise in diverse healthcare and human service verticals, ranging from behavioral healthcare, substance abuse treatment and cognitive disabilities to DME, home care/hospice, urgent care centers and other specialized services and products. The VERTESS professional M+A team members have a combined 100+ years of executive experience launching, building and successfully exiting their own healthcare companies, giving them a unique understanding of the objectives of healthcare owners and executives.

VERTESS has successfully advised and consulted with middle market healthcare companies across the country. It is establishing a strong international presence with its new office in Mexico City, Mexico. VERTESS is headquartered in Tucson, Arizona with additional offices in Scottsdale, Dallas/Ft. Worth, New York City, and Mexico City. For more information, visit www.vertess.com.

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SOURCE VERTESS

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