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Tag: William Douglass


QMES secures more financing

June 2, 2017HME News Staff

NEW YORK - HME platform company QMES has obtained a second round of financing from CIT Group.QMES, a DME provider in the Northeast, will use the $65 million secured senior credit facility to refinance legacy debt and support growth, according to a press release.“QMES's active M&A growth strategy has led to the successful completion and integration of more than 15 acquisitions and they currently serve over 100,000 patients annually,” said William Douglass, managing director and group head...

CIT Group, Home Medical Equipment (HME), Luke McGee, QMES, William Douglass

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Q&A: There's room for mom and pop

May 9, 2014Theresa Flaherty, Managing Editor

LIVINGSTON, N.J. - Despite the upheaval of the past few years, the HME industry remains an attractive space for investors, says William Douglass, group head of CIT Corporate Finance, Healthcare. CIT recently provided $50 million in financing to QMES. Douglass spoke with HME News about “the stroke of the pen risk” and what makes a company worth investing in. HME News: What makes the HME industry a good bet for investors? William Douglass: There's a lot of consolidation taking...

CIT Group, William Douglass

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