Tag: Sun Capital Partners
Will The Scooter Store have to close its headquarters?
March 26, 2013HME News Staff
NEW BRAUNFELS, Texas -The CEO of The Scooter Store told the Texas Workforce Commission the company might close its headquarters as early as Sunday, March 31, if it does not line up additional financing, according to an article from the San Antonio Express News. In a letter to the commission, CEO Marty Landon said the company has obtained “sufficient financing to allow it to avoid the immediate closure of the New Braunfels facility until March 31, 2013.” Landon said he is optimistic the...
Scooter Store 'navigates path forward'
March 22, 2013Elizabeth Deprey
NEW BRAUNFELS, Texas - In the wake of laying off most of its workforce, The Scooter Store has turned its focus to moving forward.
Scooter Store CEO Martin Landon informed employees March 19 that a furlough announced March 8 would become permanent on March 31 for all but 300 of its 1,800 employees. The remaining employees—117 in New Braunfels and the rest in the field—will “assist in meeting customer requirements and supporting operations,” Landon stated in an email to employees.
The...
The Scooter Store impact spreads
March 15, 2013Liz Beaulieu, Editor
NEW BRAUNFELS, Texas - The woes at The Scooter Store could hurt more than The Scooter Store, say multiple industry sources.The stream of bad news coming from the mobility giant, including a recent furlough of most of its 1,800 employees, has sources concerned about the impact on the manufacturers that stock the company with scooters, wheelchairs and lifts.“The damage that they're going to be causing the manufacturers—it's enormous,” said one source.The Scooter Store is on the hook...
Speculation swirls around The Scooter Store
March 15, 2013Elizabeth Deprey
NEW BRAUNFELS, Texas - One thing is certain: The future is uncertain for one of the largest providers of scooters and power wheelchairs.Soon after The Scooter Store's announcement on March 8 that it would be furloughing the majority of its employees, industry sources began speculating on what the future holds for the company. The furlough could mean one of any number of things, they say.“If they're looking to file for bankruptcy, this may be a precursor,” said Don Davis, president of...
The Scooter Store: Will an indictment be next?
February 22, 2013Elizabeth Deprey
NEW BRAUNFELS, Texas - Federal and state officials, as well as The Scooter Store, are keeping a tight lid on the details of a raid at the company's corporate headquarters.
The FBI joined the Office of the Inspector General (OIG) and the Medicaid Fraud Control Unit of the Texas Attorney General's Office to execute a search warrant at 9 a.m. Feb. 20 as part of an ongoing probe into possible Medicare fraud. The agencies left the premises at 2 p.m. Feb. 21.
“We were all present conducting...