Reliable Medical Acquired by Gauge Capital — Healthcare M&A

Gauge Capital has completed the acquisition of Reliable Medical, a home health business in Texas, for $3 billion. Reliable Medical is a national provider of complex rehabilitation technology and mobility solutions, supplying home medical equipment and related services from Nashville. Gauge Capital acquires Reliable Medical to expand a differentiated CRT platform with clinical capabilities and reimbursement durability, supporting growth in the complex rehab and mobility market. The recapitalisation acquisition is announced with undisclosed financial terms, and Gauge Capital acquisitions add a new platform to its middle-market private equity acquisition strategy managing more than $3 billion in capital. Harris Williams advised Reliable, and Gauge Capital executives joined the Reliable board of directors.