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Generational Group Advises Advantage Home Medical Services in its Sale to Montgomery DME

By Generational Group

04/03/2023

Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Advantage Home Medical Services, Inc. to Montgomery DME (a portfolio company of Incline Equity Partners). The acquisition closed November 22, 2022. 

Located in North Las Vegas, Nevada, Advantage Home Medical Services (AHMS) provides Durable Medical Equipment (DME) for rental and purchase, primarily for use by hospice patients in a home setting. AHMS differentiates itself on several key fronts, including its product offering, competitive pricing, reliability, use of technology (proprietary software developed in-house), and exceptional customer service provided by responsive, knowledgeable, and caring staff.

Montgomery DME, located in Santa Fe Springs, California, has a mission to provide the highest quality durable medical equipment and outstanding patient service every day. Its team of well trained and compassionate care representatives provide the standard in patient and family education on all equipment delivered and in multiple languages. They understand the importance and strength of hospice relationships.

Incline Equity Partners, headquartered in Pittsburgh, Pennsylvania, is a private equity firm investing in manufacturing, distribution and business services companies. Incline is generally seeking growing companies with enterprise values of $25 – $750 million. Incline’s typical investment types are ownership transitions for privately held businesses, buyouts and corporate divestitures within the U.S. and Canada.

Managing Director, Chris Gain, with the support of Vice President, M&A, Nydia Blanco successfully closed the deal. Executive Managing Director and Group Leader, Randy Kamin, established the initial relationship with AHMS.

“It was clear from the beginning that joining Montgomery DME would allow the AHMS team to preserve its legacy by continuing to focus on the needs of hospice patients in the Las Vegas community,” said Gain.

About Generational

Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.

With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.

The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.