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Tag: Wellspring Capital Management


News

In brief: NSM up for sale, provider blames cuts for closures

May 20, 2016HME News Staff

NASHVILLE, Tenn. - Wellspring Capital Management is shopping for a buyer for National Seating & Mobility, according to news reports last week.The private equity firm has hired Piper Jaffray, an investment bank and asset management firm offering M&A services, to find a buyer for the complex rehab provider, which it says could be worth $400 million, according to an item on Fortune.com citing The Wall Street Journal.Wellspring Capital acquired NSM in early 2013. At the time, the provider had 68 branches...

Caire, GF health products, National Seating & Mobility, Nonin Medical, VGM, Wellspring Capital Management


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Mobility

National Seating & Mobility up for sale?

May 19, 2016HME News Staff

NASHVILLE, Tenn. - Wellspring Capital Management is shopping for a buyer for National Seating & Mobility, according to news reports.The private equity firm has hired Piper Jaffray, an investment bank and asset management firm offering M&A services, to find a buyer for the complex rehab provider, which it says could be worth $400 million, according to an item on Fortune.com citing The Wall Street Journal.Wellspring Capital acquired NSM in early 2013. At the time, the provider had 68 branches located...

National Seating & Mobility, Wellspring Capital Management


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Mobility

Major shake-ups in complex rehab

January 4, 2013HME News Staff

ROCKY HILL, Conn. and ST. LOUIS ­­­- Two of the three major players in the complex rehab market have joined forces.ATG Rehab of Rocky Hill, Conn., and United Seating & Mobility (USM) of St. Louis have merged, a move that both companies anticipate will broaden their network and generate greater stakeholder value, according to a press release.“The combination of ATG and USM creates a company with the resources to invest in protecting and improving consumer access to complex mobility and the other...

ATG Rehab, National Seating and Mobility, United Seating & Mobility, Wellspring Capital Management


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