DALLAS, Oct. 13, 2015 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Quality Medical Rentals (QMR), headquartered in Largo, Florida, by Meridian Biomedical, Inc. (Meridian), headquartered in Colorado. The acquisition closed on September 11, 2015.
QMR repairs, rents and sells pre-owned biomedical equipment to the home health care market, as well as hospitals and medical contractors throughout the U.S. with a primary focus in Florida. To learn more, visit www.qualitymedicalsouth.com.
Managing Director Don Sawyer and Vice President Mark Breheny led the Generational Equity deal team that advised QMR on the transaction. "Kudos go to both the buyers and sellers as issues popped up coming from both the lender and SBA but neither party was going to let the deal die," stated Breheny.
Meridian is a privately-owned, newly formed entity in Florida.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
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SOURCE Generational Equity