Generational Group Advises NewLeaf Health LLC in its sale to an Individual Buyer

By Generational Group

10/08/2024

Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, NewLeaf Health LLC, in its sale to an Individual Buyer. The acquisition closed September 30, 2024.

Located in Allen, Texas, NewLeaf Health LLC is an online retailer providing a wide range of top brand home medical equipment products and supplies through its website NewLeafHomeMedical.com. They focus on delivering a wide range of high-quality products that enable seniors to successfully age-in-place, and assist caregivers caring for loved ones with disabilities, all at competitive prices.

Zane Lewis, President of NewLeaf Health, LLC commented, “Amy (Lewis) and I founded NewLeaf Home Medical in 2014 with the purpose of serving as a genuinely compassionate provider dedicated to assisting the unique needs of individuals in need of home care medical supplies and equipment. We are blessed to have grown NewLeaf to become the nationally recognized web retail brand it is today. And we will proudly watch the amazing future still ahead under the new ownership team.”

Generational Group Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Generational Vice President, M&A, Jacob Mangalath, with the support of Managing Director, M&A, Don Ho, closed the deal. Senior Managing Director, Doug Morrow, and Senior M&A Advisor, Mike Moore, established the initial relationship with NewLeaf Health LLC.

Ryan Binkley, CEO of Generational Group, added, “At Generational Group, we are proud to have played a role in bringing together two organizations poised for continued success.”