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PE firm invests in van conversion company

February 5, 2014HME News Staff

PHOENIX - Evergreen Pacific Partners, a Seattle-based private equity firm, has purchased a majority stake in Vantage Mobility International (VMI), according to a Feb. 4 news release. Doug Eaton, VMI CEO, and Tim Barone, CFO, have retained significant stakes in VMI and will continue to lead operations. They will use new investment capital to expand to meet growing demand for wheelchair accessible vehicles, according to the release. “Evergreen's involvement in VMI will give us the resources to...

Doug Eaton, Evergreen Pacific Partners, Tim Barone, Vantage Mobility International (VMI)

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