Nov 2022 | Nevada
Advantage Home Medical Services Acquired By Montgomery DME
We are pleased to announce the sale of our 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.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Healthcare & Life Sciences page.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Food, Beverage & Consumer Products/Services page.
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