Private equity firm acquires Premier Medical

Monday, October 22, 2012

CLEVELAND – The Riverside Co., a private equity firm based here, has acquired Premier Medical Corp., a Denver-based provider of respiratory equipment, liquid oxygen and durable medical equipment to skilled-nursing facilities in Colorado, New Mexico and Wyoming, according to a Riverside press release. The acquisition is the fourth add-on to Riverside’s Specialized Medical Services Inc. platform company, which is based in Milwaukee. The add-on solidifies the platform as the largest provider of respiratory equipment, oxygen and related products and services to nursing homes and hospices in the United States, according to the release. PNC Financial Services and Medley Capital provided financing for the transaction.