Incline Equity Partners (“Incline”), a Pittsburgh-based private equity firm, is pleased to announce its partnership with Montgomery DME (“MDME” or the “Company”), a leading provider of durable medical equipment rental services to the hospice market.
Based in Santa Fe Springs, CA, MDME provides its customers’ patient populations with an array of equipment, including beds, oxygen systems, wheelchairs, bath safety products and other related devices. The Company acts as a critical extension of its hospice partners by providing full-service equipment delivery and maintenance through its highly trained team of technicians. With five strategically located facilities across Southern California, the Company serves over 400 hospice agencies in the region.
“For over 25 years, we have remained dedicated to providing compassionate care alongside our hospice partners,” said Ron Galan, President of MDME. “For our next phase of growth, we wanted a partner that shared our core values and vision for continuing to offer the highest levels of care. Incline’s strategic resources and guidance will allow us to serve our hospice partners more effectively and expand our capabilities within our core and adjacent markets. We are enthusiastic about what the future holds for MDME.”
“We are grateful for the opportunity to partner with Ron and the Company’s outstanding management team,” said Bob Erwin, Partner at Incline. “MDME’s compassionate care, responsive service and access to high-quality equipment create an unmatched value proposition for its hospice customers. We believe there is significant opportunity for continued expansion through bolstering the Company’s sales capabilities and exploring logical add-on targets. We look forward to teaming with MDME in its next phase of growth while upholding its excellent standard of care.”
About Incline Equity Partners:
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.
Disclaimer:
Incline Management, L.P. (“IMLP”) is registered with the U.S. Securities and Exchange Commission as an investment adviser under the U.S. Investment Advisers Act of 1940, as amended. Registration as an investment adviser does not imply a certain level of skill or training. IMLP provides investment advisory services only to privately offered funds. IMLP does not solicit or make its services available to the public or other advisory clients. This press release is intended solely to provide information regarding Incline’s potential capabilities for prospective portfolio companies, and is not an offer to sell to any person, or a solicitation from any person of an offer to buy, any securities. The statements contained herein are not statements of any IMLP client fund or investor and do not describe any experience with or endorsement of IMLP as an investment adviser by any such client or investor.
