The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has invested in Independent Living Specialists (ILS). This investment will support continued growth of the retailer and distributor of mobility and homecare products. Sydney-based ILS was founded in 2004 by co-CEOs Ian Farquharson and Peter Reid. ILS has a significant product range with a focus on mobility devices (e.g. wheelchairs, scooters), specialized furniture (e.g. lift chairs, beds/mattresses) and personal care equipment (e.g. shower stools, mats). Products are distributed through a variety of channels including a substantial clinically trained field force, a network of more than 20 retail showrooms and virtual options (online and phone).
Read the full article: Riverside Investment Supports Australia’s Aging and Disabled //
Source: https://www.riversidecompany.com/currents/riverside-investment-supports-australia-s-aging-and-disabled