McGuireWoods advised Seven Hills Capital and its portfolio company, Reliable Medical Supply, in the purchase of Med City Mobility, a leading provider of complex rehabilitation technology and home medical equipment. Financial terms were not disclosed.
The acquisition is RMS’ first since it was recapitalized in late 2018 by Seven Hills, a Chicago-based private equity firm focused exclusively on healthcare services. McGuireWoods advised Seven Hills in that transaction.
RMS, headquartered near Minneapolis, serves a patient base of pediatric and adult patients with conditions such as ALS, multiple sclerosis, cerebral palsy, severe spinal cord injuries and stage 4 COPD. The acquisition of Med City Mobility advances RMS’ goal of expanding its footprint to serve a larger patient base.
Alyssa Campbell and Greg Hawver led the McGuireWoods team representing Seven Hills and RMS, with assistance from Geoffrey Cockrell, Gretchen Heinze Townshend, Trey Andrews, Alan Chen and Brian King.