Advised on sale of leading supplier of durable medical equipment
Subscribe to Transaction NewsAdvised on sale of leading supplier of durable medical equipment
Subscribe to Transaction NewsStout served as the exclusive financial advisor to Western Drug Medical Supply in connection with its sale to SG Homecare, a portfolio company owned by Sverica Capital. Sverica Capital is a Boston-based private equity firm specializing in acquiring founder-owned businesses in the lower middle market.
Founded by Jack Youredjian in 1977 and headquartered in Glendale, California, Western Drug Medical Supply is a leading supplier of durable medical equipment (DME) and single-use medical supplies to the home care market in California. Its product offering includes respiratory therapy equipment, incontinence supplies, wound care supplies, diabetes supplies, enteral nutrition (pharmacy services), rehabilitation equipment (mobility solutions such as wheelchairs), and hospital beds and other patient room equipment.