AEA Investors will be Numotion’s new owner

Wednesday, September 26, 2018

BRENTWOOD, Tenn. – Numotion has confirmed that AEA Investors, a New York-based middle market private equity firm, will be its new owner. The complex rehab provider confirmed to HME News last week that it had signed a definitive agreement with a new private equity sponsor, but it did not name the sponsor. Numotion has been backed by Audax Private Equity and LLR Partners for six years. The Numotion deal marks a return to healthcare investment for AEA Investors, according to PE Hub Healthcare. The firm currently has $11 billion under management. “Rather than mere investors, we see ourselves as providers of transformational capital that invest in well-positioned businesses which can benefit and improve operationally, strategically and financially,” AEA states on its website. “By focusing on building businesses, often within niche and complex sectors, we have invested successfully over many economic cycles.”