Tag: Seven Hills Capital

BROOKLYN PARK, Minn. - Reliable Medical Supply has grown organically to four locations in Minnesota, but with an outside investor now on board, it has set its sights on expanding through acquisition into new geographical markets.The first area of focus for the company, whose top product categories are complex rehab and vents: buying another company that will allow it to better serve patients in western Wisconsin.“There are patient access issues out there,” said Debra Kalk, president...

MINNEAPOLIS - Reliable Medical Supply has recapitalized with Chicago-based private equity firm Seven Hills Capital. RMS is a DME provider specializing in complex rehab serving patients throughout Minnesota and western Wisconsin. "This is an ideal partnership for us," said Debra Kalk, president and CEO. "Not only do we gain a strong financial partner with Seven Hills, we also increase our capacity to gain market share through acquisition." Financial terms of the transaction, which was facilitated...