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Manufacturing

Nov. 28 – Savannah’s Integrity Medical, Inc. completes acquisition of National Seating & Mobility, Inc.

Category: Manufacturing

Savannah Business Journal Staff Report

November 28, 2016 – VERTESS, a leading healthcare M+A advisory firm, has announced the closing of two major healthcare transactions in Q3 2016.

VERTESS represented Integrity Medical, Inc., the Savannah-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.

Integrity Medical Inc. is a durable home medical equipment store located in Savannah, GA. that specializes in mobility equipment and independent living aids.

"This acquisition was very beneficial to our client, 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 Integrity Medical in their transaction.

And, 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."

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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