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Tag: Evergreen Pacific Partners


Mobility

Private equity fuels VMI

March 28, 2014Leah Hoenen

PHOENIX - Private equity firm Evergreen Pacific Partners has planted its flag in the wheelchair accessible vehicle market, purchasing a majority stake in Vantage Mobility International (VMI).As part of the deal, announced in February, VMI CEO Doug Eaton and CFO Tim Barone will stay on to manage the company.“(Evergreen) believes in our customer, that we're doing this for societal purposes, not just for making ROI,” Eaton said.Founded in 1987, VMI converts minivans into wheelchair accessible...

Evergreen Pacific Partners, vantage mobility international


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Also Noted

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


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