Date
Sep 2015
Region
Florida
Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Quality Medical Rentals (QMR), headquartered in Largo, Florida, by Meridian Biomedical, Inc. (Meridian), headquartered in Colorado. The acquisition closed on September 11, 2015.
QMR repairs, rents and sells pre-owned biomedical equipment to the home health care market, as well as hospitals and medical contractors throughout the U.S. with a primary focus in Florida. To learn more, visit www.qualitymedicalsouth.com. Managing Director Don Sawyer and Vice President Mark Breheny led the Generational Equity deal team that advised QMR on the transaction. "Kudos go to both the buyers and sellers as issues popped up coming from both the lender and SBA but neither party was going to let the deal die," stated Breheny. Meridian is a privately-owned, newly formed entity in Florida.
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