Reliable Medical Supply, a portfolio company of Chicago-based private equity firm Seven Hills Capital, announced the purchase of Washington-based Capstone Medical Partners for an undisclosed price.
The acquisition further expands Reliable Medical Supply’s footprint into the Pacific Northwest, as well as enhances its solutions to long-term care facilities.
Capstone Medical Partners is a Complex Rehab Technology (CRT) & Durable Medical Equipment (DME) provider based in Lakewood, Washington. Capstone Medical specializes in providing CRT & DME to long-term care facilities.
Reliable Medical Supply provides CRT, clinical respiratory products, DME and supplies to serve a fragile patient base of pediatric and adult clients.
According to data captured in the LevinPro HC database, this acquisition represents the eighth acquisition of a DME/respiratory home care provider during 2023. There were 19 such transactions announced during 2022.
