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PE firm invests in Montgomery DME

PE firm invests in Montgomery DME

LOS ANGELES - Monument MicroCap Partners has recapitalized Montgomery DME (MDME), a provider of DME to hospices in Los Angeles and surrounding counties, according to PEHub.com. Monument and MDME also closed the acquisition of Abundant Home Care to create a regional provider of DME to hospices throughout southern California. “We are excited to partner with Monument and AHC on the next chapter of our growth strategy,” said Pablo Miguel, vice president of MDME. “Monument will provide us with strategic support and capital as we continue with our steadfast commitment to providing the highest quality of compassionate service to our clients and their patients.” Monument MicroCap is an Indianapolis-based private equity firm.

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