Avante Health Solutions Announces Successful Completion of Sale to Staple Street Capital

Avante Health Solutions (“Avante” or “the Company”), a leading provider of aftermarket parts, service, repair, and refurbishment for medical equipment, is excited to announce that it has successfully exited bankruptcy and has been recapitalized with a debt-free balance sheet by an affiliate of Staple Street Capital Group, LLC, a private equity firm that specializes in investing in market‐leading businesses where there are transformational opportunities to create value. As a result of this successful recapitalization, Avante has extinguished its previous liabilities and operates with a strong balance sheet to position itself for long-term growth.

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Source: https://www.accessnewswire.com/newsroom/en/healthcare-and-pharmaceutical/avante-health-solutions-announces-successful-completion-of-sale-to-sta-980456

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