Reliable Medical, a portfolio company of Seven Hills Capital since November 2018, announced its acquisition of Orbit Medical.
As part of the transaction, Seven Hills Capital and its management have re-invested into Reliable Medical to support the Orbit partnership and fund future growth through new locations and partnerships.
Orbit Medical is one of the Midwest’s largest durable medical equipment (DME) providers serving more than 30,000 patients annually, operating in Illinois, Michigan and Wisconsin. The company specializes in power mobility, complex rehab, home respiratory, orthotic devices, general DME and pain management supplies.
Reliable Medical provides complex rehab technology, clinical respiratory products and DME and provides supplies in Minnesota, western Wisconsin, Ohio, Texas and Kentucky.
According to the LevinPro HC database, this marks the 18th acquisition in the durable medical equipment/respiratory home care subsector this year. This also marks Reliable Medical’s second acquisition of the year. The company purchased Hometown Medical Supplies in May 2022.
