Mergers & Acquisitions

Reliable Medical Acquired by Gauge Capital

6685 Reliable Medical NT

M&A Engagement Overview

Industry Group: Healthcare & Life Sciences
Area of Focus:
Medical Products and Devices

Harris Williams advised Reliable Medical, a portfolio company of Seven Hills Capital, on their sale to Gauge Capital.

The CRT sector is attractive to investors due to its reimbursement stability, rising adoption, and the critical role it serves in enabling mobility for a vulnerable, underserved, and expanding patient population. Reliable Medical’s exceptional growth track record, whitespace for future expansion within new and existing markets, clinical quality, and ability to recruit and develop assistive technology professional talent sets it apart from peers in the CRT space and makes it a compelling business within the healthcare services ecosystem.

Founded in 1989 and headquartered in Nashville, Tennessee, Reliable Medical is a provider of complex rehabilitation technology (CRT) and related mobility and home medical equipment solutions across the United States. The company specializes in the evaluation, fitting, assembly, and service of custom mobility solutions for patients with severe and permanent mobility impairments.

Reliable Medical has built a strong reputation as a trusted clinical and service partner to patients, referral sources, and payers through their experienced assistive technology professionals and high-touch post-delivery service model. As the third largest player in the CRT space, Reliable Medical is a differentiated platform boasting a strong growth profile compared to competitors.

Gauge Capital has a deep understanding of healthcare services businesses and experience with scaling them into larger platforms. They will be a great partner for Reliable Medical during their next phase of growth, and their alliance will enable the company to further invest in their people, broaden access to care, and accelerate expansion.

Contact the Harris Williams Healthcare & Life Sciences Group to learn more about this client engagement.