Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce that SG Homecare, a leading provider of medical products, has been acquired by Sverica Capital Management, a San Francisco based private equity fund.
“After an exhaustive search for the right growth partner, I determined that Sverica and SG shared the same values and commitment to patient care,” said Thomas (“Randy”) Rowley, Founder and CEO of SG Homecare in a press release. “We look forward to the opportunity to grow and expand our footprint in the healthcare space.”
Jeffer Mangels Butler & Mitchell attorneys Jay Thompson, Jamie Ogden, Nate Shaw and Michelle Choi represented SG Homecare in the deal.
“We are pleased to have achieved this excellent result for SG Homecare,” said Thompson, the lead lawyer for the seller. “Their pioneering payment models and wide breadth of quality products makes this an excellent opportunity for Sverica.”
About SG Homecare
For over 20 years, SG Homecare has been a leading provider of durable medical equipment, disposable medical supplies, respiratory therapies and oxygen, custom and power mobility, orthotics and prosthetics, and enteral nutrition for patients throughout California. The Company’s broad product offering enables them to meet the Durable Medical Equipment, Prosthetics, Orthotics, & Supplies (DMEPOS) needs of nearly all home-based patients and serve as a one-stop-shop for their payor and provider partners. For the last two decades the Company has pioneered the use of capitated arrangements in the DMEPOS space in the California market, providing full alignment with their customers while delivering the highest quality patient care. The Company is based in Tustin, CA with locations throughout the state. Visit www.sgdme.com to learn more.
About JMBM’s Mergers & Acquisitions Group
JMBM’s Mergers & Acquisitions Group represents buyers, sellers and capital providers in a wide variety of mergers, acquisitions, divestitures and financings. The Group’s lawyers provide start-to-finish assistance with the structuring, negotiation, documentation and closing of the deal. For more information, visit www.jmbm.com.
Contact: Jay T. Thompson, 949.623.7258, JThompson@jmbm.com