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Tag: CIT Corporate Finance Healthcare


Q&A: There's room for mom and pop

May 9, 2014Theresa Flaherty, Managing Editor

LIVINGSTON, N.J. - Despite the upheaval of the past few years, the HME industry remains an attractive space for investors, says William Douglass, group head of CIT Corporate Finance, Healthcare. CIT recently provided $50 million in financing to QMES. Douglass spoke with HME News about “the stroke of the pen risk” and what makes a company worth investing in.HME News: What makes the HME industry a good bet for investors?William Douglass: There's a lot of consolidation taking place, which...

CIT Corporate Finance Healthcare, William Douglass

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QMES repositions with $50M in financing

April 10, 2014HME News Staff

NEW YORK - QMES, a distributor of DME in nine states, has secured a $50 million senior secured credit facility from CIT Corporate Finance, Healthcare.QMES will use the facility to refinance legacy debt and provide for ongoing working capital needs, according to a press release.“QMES has an impressive track record of growth having completed 10 acquisitions since 2012 and effectively establishing itself as one of the largest medical equipment home delivery companies on the East Coast," stated...

CIT Corporate Finance Healthcare, QMES

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