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Generational Equity Announces the Acquisition of Quality Medical Rentals by Meridian Biomedical, Inc.
By Generational Equity
10/13/2015
Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Quality Medical Rentals (QMR), headquartered in Largo, Florida, by Meridian Biomedical, Inc. (Meridian), headquartered in Colorado. The acquisition closed on September 11, 2015.
QMR repairs, rents and sells pre-owned biomedical equipment to the home health care market, as well as hospitals and medical contractors throughout the U.S. with a primary focus in Florida. To learn more, visit www.qualitymedicalsouth.com.
Managing Director Don Sawyer and Vice President Mark Breheny led the Generational Equity deal team that advised QMR on the transaction.
“Kudos go to both the buyers and sellers as issues popped up coming from both the lender and SBA but neither party was going to let the deal die,” stated Breheny.
Meridian is a privately-owned, newly formed entity in Florida.
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.