Tag: Charles Sargeant
Reliable Medical to expand CRT reach, modernize systems with Gauge Capital
January 30, 2026Liz Beaulieu, Editor
NASHVILLE, Tenn. – 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.
“We have bigger ambitions,” he said. “The goal is to be fully recognized as a national complex rehab technology (CRT)...
Gauge Capital acquires stake in Reliable Medical, plans next phase of expansion
January 7, 2026HME News Staff
NASHVILLE, Tenn., and SOUTHLAKE, Texas – Gauge Capital has partnered with the management team of Reliable Medical to provide growth capital and recapitalize the business.
Gauge Capital, a middle-market private equity firm based in Southlake, Texas, acquired Reliable Medical from Seven Hills Capital, which first invested in the company in 2018 and re-invested in 2024.
“We’re excited...
Reliable Medical strives for ‘one system’
September 27, 2024Liz Beaulieu, Editor
FRANKLIN, Tenn. – Reliable Medical has grown significantly in the past three years and now it has a new CEO that can help the company “catch up.”
Charles Sargeant, who was previously Reliable Medical’s COO and who has more than 20 years of experience at National Seating & Mobility and Apria Healthcare, was named CEO this summer, replacing Katie Stevens, who is now the company’s chief people officer.
“The company has grown rapidly and evolved quickly,...