Flexpoint Ford invests in MobilityWorks

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Wednesday, September 19, 2018

RICHFIELD, Ohio – Flexpoint Ford, a Chicago-based private equity firm focused on the healthcare and financial services industries, has made a “significant equity investment” in MobilityWorks, a provider of wheelchair accessible vehicles, it was announced today. The new partnership will boost the provider’s expansion strategy and vision of “Accessibility for All,” according to a press release. "We are thrilled to be teaming up with Flexpoint Ford,” said Bill Koeblitz, founder and CEO. “We chose them as our institutional investment partner because of their proven track record of collaborating with founders in the healthcare and financial services sectors to accelerate growth.” MobilityWorks will continue to operate as an independent company led by its current leadership team, which will retain an ownership stake. Founded in 1997, MobilityWorks has more than 70 locations in 24 states and employs more than 1,200.