Montgomery DME, a portfolio company of Monument MicroCap Partners, has recapitalized Live Well Medical Supplies. No financial terms were disclosed. Based in Riverside, California, LiveWell rents and sells durable medical equipment and home medical equipment to hospice and home health care providers in Southern California.
April 19, 2021
For Immediate Release
Indianapolis, IN. Monument MicroCap Partners, LLC (“Monument”), an Indianapolis-based private equity firm, announced today that on April 6, 2021 its portfolio company, Interlang, Inc. d/b/a Montgomery DME (“MDME”) recapitalized Live Well Medical Supplies (“LiveWell”). Based in Riverside, CA, LiveWell rents and sells durable medical equipment and home medical equipment to hospice and home health care providers in Southern CA.
“We are very excited and proud to partner with LiveWell as we continue to expand our service to new clients and their patients”, said Ron Galan, President of Montgomery DME. “LiveWell and MDME provide each other with expanded geographies and greater resources to better assist patients. We welcome LiveWell’s hospice partners, patients and patient families to our MDME family.”
LiveWell represents the second recapitalization by MDME since its acquisition by Monument in December 2018. In January 2019, Montgomery DME recapitalized Abundant Home Care, a provider of DME on a rental basis to hospices in San Diego.
About Montgomery DME, LLC
Founded in 1996 and headquartered in Santa Fe Springs, CA, MDME is a leading provider of DME on a rental basis to hospices located primarily in Los Angeles and surrounding counties. The Company rents and services equipment such as hospital beds, wheelchairs, oxygen concentrators, oxygen tanks, and recliners. MDME currently services approximately 5,000 hospice patients. To learn more, visit www.montmkt.com.
About Monument MicroCap Partners, LLC
Monument is an Indianapolis-based private equity firm focused on investments in North American businesses with EBITDA of $2-8 million. Monument seeks to partner with honest, hard-working and talented management teams across a wide variety of industries, including niche manufacturing, business services and industries positioned to capitalize on demographic trends and the growing need for infrastructure investment.