Tag: Cinven
Cinven preps for NSM sale
August 6, 2024HME News Staff
NASHVILLE, Tenn. – Cinven has engaged sell-side advisers Harris Williams and Morgan Stanley as it prepares to sell National Seating & Mobility, PE Hub reports. The London-based private equity firm, which bought NSM in 2019 for a reported $850 million, plans to put the company up for sale sometime after Labor Day, it reports. Previously, NSM was owned by Court Square Capital Partners from 2016-19 and by Wellspring Capital Management from 2012-16. Under Cinven, NSM entered the Canadian market...
Cinven sees 'strong growth trajectory' for NSM
October 11, 2019Liz Beaulieu, Editor
NASHVILLE, Tenn. - With National Seating & Mobility's expansion into Canada earlier this year and its expected new ownership by a private equity firm based in London, “expansion into new markets could certainly be a future consideration,” says CEO Bill Mixon.
The company announced Oct. 4 that it has agreed to be acquired by Cinven, which has offices in nine countries, including the U.S., in New York.
“With their international presence and commitment to NSM's future...
NSM sold to Cinven, after three years with Court Square
October 4, 2019HME News Staff
NASHVILLE, Tenn. - National Seating & Mobility has agreed to be acquired by Cinven, an international equity firm.
Since 2016, NSM has been owned by Court Square Capital Partners. Prior to that, it was owned by Wellspring Capital Management, which bought the company in 2012.
“This acquisition aligns with our company's continued trajectory of growth, future business goals and, most importantly, our mission,” said Bill Mixon, NSM CEO. “Our partnership with Court Square these...