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Reliable Medical buys Freedom in Mobility

Reliable Medical buys Freedom in Mobility CEO says Freedom’s ‘Mobility Made Simple’ philosophy is a natural extension

Charles SargeantNASHVILLE, Tenn. – Reliable Medical has acquired Huntsville, Ala.-based complex rehab technology (CRT) provider Freedom in Mobility, deepening its coverage across Alabama and Tennessee.

Charles Sargeant, CEO of Reliable Medical, says Freedom in Mobility’s “Mobility Made Simple” philosophy is a natural extension of Reliable Medical’ s patient-first approach.

“(Teresa Glass Owens, president,) and Forrest have built an exceptional CRT provider with the clinical expertise and community relationships that define the best in our industry,” he said.

Reliable Medical is a portfolio company of Southlake, Texas-based private equity firm Gauge Capital.

Owens says joining Reliable Medical gives Freedom in Mobility the scale and resources to expand its mission across the region, while staying true to the personalized care its patients expect.

“We started Freedom in Mobility to make the complex rehab technology process simpler and more accessible for the patients we serve,” she said.

David Friedman, partner at Gauge Capital, says the deal furthers the firm’s strategy of building a leading CRT and HME platform.

“We look forward to supporting Teresa, Forrest and the broader team as part of Reliable’ s next growth phase,” he said.

Related reading:

Reliable Medical’s partnership with Seven Hills Capital helped transform the company into a “super regional,” expanding its reach from a single state to 15 states between 2018 and 2025. Now, with a new investment from Gauge Capital, CEO Charles Sargeant says the company is setting its sights even higher.

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