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Gauge Capital Recapitalizes Reliable Medical CRT

Announced
HealthcareTexasRecapitalisation

Deal Overview

Gauge Capital acquired Reliable Medical’s HME and complex rehabilitation technology business and completed a recapitalization of the Nashville-based company.

Reliable Medical, founded in 1989, is a national provider of complex rehabilitation technology and related mobility and home medical equipment solutions. Gauge said it will team up with Reliable to provide growth capital while maintaining the current leadership team.

Gauge executives David Friedman, Alex Asbill, and Alex Amato joined Reliable’s board as part of the transaction.

Key Details

Transaction
Gauge Capital acquires Reliable Medical

Source

Read full article on news.google.com

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