Numotion now owned by AEA
By HME News Staff
Updated Tue November 13, 2018
BRENTWOOD, Tenn. - It's official: Numotion has announced it has been acquired by an affiliate of AEA Investors LP. AEA has acquired controlling interest in the complex rehab provider from LLR Partners and Audax Group. LLR Partners, however, has re-invested in Numotion as a minority shareholder. The private equity firms say they are partnering with the provider's existing management team to help fund its continuing growth initiatives. “AEA's resources and expertise will help us to further invest, so we can continue in our pursuit of providing the best possible services to our customers,” said Mike Swinford, CEO.
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