Owner Resource Group LLC has made an investment in Houston-based US Med-Equip, a provider of rental movable medical equipment within the healthcare industry. No financial terms were disclosed.
AUSTIN, Texas–(BUSINESS WIRE)–Owner Resource Group, LLC (“ORG”) announced today it has made an investment in US Med-Equip (“USME”), a leading provider of rental moveable medical equipment (“MME”) within the healthcare industry.
Headquartered in Houston, TX, USME provides MME to the healthcare market, primarily to hospitals and long-term acute care centers. USME rents a wide range of moveable equipment across various clinical applications, including respiratory, infusion, monitoring and neonatal. USME maintains a rental fleet of more than 27,000 pieces of equipment and serves its customers across 20 facilities located in the central and southern regions of the United States. USME partners with group purchasing organizations (GPOs) and integrated delivery networks (IDNs) to primarily provide rental equipment to member hospital facilities. USME maintains a 24/7 customer service model with industry-leading equipment delivery times and leverages its proprietary technology to provide the highest levels of customer service.
“We look forward to our partnership with USME and its proven management team,” said ORG Managing Director Brad Esson. “USME has an outstanding track record of growth, reliability and customer service which ORG looks forward to supporting. We believe that this partnership will enable the USME team to aggressively pursue its growth objectives through geographic expansion, product line extensions and acquisitions.”
“We’ve enjoyed getting to know the team at Owner Resource Group and are excited about our partnership,” said Gurmit Bhatia, CEO of USME. “ORG has a strong reputation for facilitating growth while supporting management’s focus on operational execution. We look forward to working with the ORG team and together we expect continued success as we enter our next phase of growth.”
Greg Salario, Chief Development Officer of USME, added, “Serving our customers so that they can provide the best medical care is our top priority. By leveraging ORG’s experience, we are excited to embark on our geographic expansion plans to further serve our GPO and IDN partners with world-class service and equipment.”
Owner Resource Group, LLC
Owner Resource Group is an Austin, Texas based private investment firm founded to bring superior, enduring results to privately held businesses. ORG partners with business owners and management teams, leveraging our shared values to help businesses pursue their objectives and accelerate the growth of their companies in a disciplined manner.
For additional information, please visit www.orgroup.com.