TrueNorth Advises on Sale of Revolution Mobility

February 24, 2014 TrueNorth News

Stamford, Connecticut, February 2014 – TrueNorth Capital Partners LLC is pleased to announce that it acted as an exclusive financial advisor to Revolution Mobility, LLC (“Revolution”) on its sale of certain assets to Roscoe Medical, Inc (“Roscoe”).

Revolution, headquartered in California and founded in 2003, is an importer and wholesaler of high quality, reliable institutional and retail durable medical equipment and aids for daily living under the Revolution Mobility and Viverity brand names. These products assist users with physical constraints by enhancing their mobility and capability.

Roscoe, a portfolio company of Tenex Capital Management, is a leading manufacturer and distributor of an extensive line of high quality products for the home care environment. Roscoe prides itself on delivering quality products along with a level of personalized service that’s unmatched in the industry.

Nick Chapman, lead banker on this transaction, stated that “the addition of the Revolution product line, customer base and employees will enhance the reach and competiveness of Roscoe and create a winning situation for their respective customers.”

About TrueNorth Capital Partners LLC:

TrueNorth Capital Partners, LLC www.truenorthcp.com provides corporate advisory services on mergers and acquisitions and restructurings as well as provides valuations and fairness opinions primarily to middle market companies. Capitalizing on the vast international M&A and restructuring backgrounds of the founders, the firm provides sophisticated financial advice to middle market clients. TrueNorth’s professionals have built their careers and reputations serving this market and understanding its intricacies. Their skills have been evidenced in hundreds of assignments and they have completed those assignments while always remaining true to their core principles: unwavering commitment to our clients’ best interests and the highest standard of service. TrueNorth conducts its securities-related business through its wholly owned subsidiary TNCP, LLC, member FINRA/SIPC.

Contact:
Nick Chapman
nchapman@truenorthcp.com
203.604.2007

About Roscoe Medical

Roscoe Medical, headquartered in Strongsville, Ohio, is a major manufacturer and distributor of innovative healthcare products that promote independence and better living in the homecare setting. The company’s core product lines include respiratory products, CPAP products, pain management products and durable medical equipment. Serving customers worldwide, the company is known for its superior customer service, quality products and competitive prices. For more information about the company and its products, visit Roscoe Medical’s website at www.roscoemedical.com. www.roscoemedical.com.

About Tenex Capital Management

Tenex Capital Management, LLC (“Tenex”) is a private equity firm that is based in New York City and makes control investments in middle market companies. Tenex utilizes an in-house team of hybrid professionals skilled in operational leadership, investing and capital markets structuring to maximize long-term value creation within portfolio companies. For additional information, please visit www.tenexcm.com.