RMS buys Med City Mobility
By HME News Staff
Updated Tue June 25, 2019
MINNEAPOLIS - Reliable Medical Supply has made its first acquisition since taking on an outside investor last year: Med City Mobility.
Med City, founded in 2000, has locations in Austin, Faribault and Rochester, Minnesota, providing complex rehab technology and HME.
“When we decided to launch an aggressive growth plan in late 2018, we targeted companies who share the same patient-centric attitude that has led to RMS's success,” said Debra Kalk, CEO of RMS. “By partnering with Med City, I am confident we can continue to improve care solutions across Minnesota.”
Last November, RMS announced a recapitalization of its equity by Seven Hills Capital, a Chicago-based “operator-centric” private equity firm.
RMS also provides complex rehab and HME, as well as clinical respiratory products.
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