Tag: Seven Hills Capital
Reliable Medical, Seven Hills enter second chapter
January 26, 2024Liz Beaulieu, Editor
FRANKLIN, Tenn. – Reliable Medical’s re-investment from Seven Hills Capital is a testament to how much growth the company, led by CEO Katie Stevens, still has ahead of it, says Matt Pettit.
Reliable Medical first received an investment from Seven Hills Capital, a Nashville, Tenn.-based operator-centric private equity firm, in 2018, setting the company on a trajectory of growth that saw it acquire numerous companies, including Orbit Medical in late 2022, and extend its reach...
Seven Hills Capital doubles down on Reliable Medical
December 18, 2023HME News Staff
NASHVILLE and FRANKLIN, Tenn. - Seven Hills Capital has announced its reinvestment in Franklin, Tenn.-based Reliable Medical to support the company's growth strategy into new and existing markets.
“It’s been a privilege to work hand-in-hand with (CEO Katie Stevens) and the Reliable team to-date,” said Matt Pettit, founding partner of Seven Hills Capital. “We couldn’t be more proud to support RM’s mission and look forward to embarking on our next phase...
Reliable Medical Supply positions for growth
November 30, 2018Liz Beaulieu, Editor
BROOKLYN PARK, Minn. - Reliable Medical Supply has grown organically to four locations in Minnesota, but with an outside investor now on board, it has set its sights on expanding through acquisition into new geographical markets.The first area of focus for the company, whose top product categories are complex rehab and vents: buying another company that will allow it to better serve patients in western Wisconsin.“There are patient access issues out there,” said Debra Kalk, president...
Moneyline: Reliable Medical Supply, Viemed
November 28, 2018HME News Staff
MINNEAPOLIS - Reliable Medical Supply has recapitalized with Chicago-based private equity firm Seven Hills Capital. RMS is a DME provider specializing in complex rehab serving patients throughout Minnesota and western Wisconsin. "This is an ideal partnership for us," said Debra Kalk, president and CEO. "Not only do we gain a strong financial partner with Seven Hills, we also increase our capacity to gain market share through acquisition." Financial terms of the transaction, which was facilitated...