Transaction
Share
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
Generational Group, headquartered in Dallas, is a leading, award winning, full-service M&A advisory firm. With more than 350 professionals located throughout 16 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management.
The M&A Advisor named Generational Group Investment Banking Firm of the Year in 2016, 2017, 2018, 2022 & 2024. They also awarded us Valuation Firm of the Year and M&A Consulting Firm of the Year in 2022 and 2023. For more information, visit: https://www.generational.com.