Accord Asset Partners (along with its affiliates, “Accord”) announces the sale of a majority equity interest in DME Express (“DME Express” or the “Company”), an established provider of durable medical equipment serving hospice providers across the United States, to Palladium Equity Partners, LLC (along with its affiliates, “Palladium”). DME Express is Palladium’s second investment in the hospice industry since inception, and the second platform investment by Palladium Equity Partners VI, LP. The Company currently serves hospices and patients in 9 states through a network of 70+ warehouse locations. DME Express offers a broad suite of products, including beds, respiratory equipment, and mobility equipment, delivered under recurring per-patient-day contractual arrangements.
Read the full article: Accord Asset Partners Announces the Completion of Palladium Equity’s Previously Announced Purchase of Majority Stake in DME Express //
Source: https://www.prnewswire.com/news-releases/accord-asset-partners-announces-the-completion-of-palladium-equitys-previously-announced-purchase-of-majority-stake-in-dme-express-302769750.html