Stout has advised Master Medical Equipment (“MME”) and ReNew Biomedical (“ReNew”) on its strategic partnership with BPOC. Stout served as exclusive financial advisor to MME and ReNew in connection with the transaction, which closed in August 2026.

Founded in 2011 and 2014, respectively, MME and ReNew together provide new and refurbished capital equipment and related accessories and disposables, rental equipment, and repair and preventative maintenance services to the emergency medical services and other markets. The companies are headquartered in Jackson, Tennessee, with a national sales and distribution network, supported by additional service locations in Illinois, Kentucky, Georgia, and Florida.

Founded in 1996, BPOC is a Chicago-based private equity firm and one of the nation’s longest-tenured, pure play investors in the healthcare industry, having raised seven funds with total capital commitments of approximately $2.5 billion. BPOC has invested in numerous provider, manufacturing, outsourcing, distribution, and information technology companies through growth equity, management buyouts, and leveraged recapitalizations.

Tom Concklin, Director at Stout, said, “We believe MME and ReNew have built an exceptional reputation with an impressive track record of continuous growth, and think BPOC is the right partner to help them build on that momentum. It was an honor to have advised on this transaction, and we are excited to see what comes next.”

Mark Taylor, Founder and Chief Executive Officer of MME and ReNew, said, “Partnering with Stout gave us the guidance and support we needed to identify the right partner for the next chapter of our growth. Their team was engaged and responsive at every stage of the process, and we’re excited about what this partnership with BPOC means for our business, our team, and our customers.”