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Generational Group Advises Advantage Home Medical Services in its Sale to Montgomery DME
By Generational Group
04/03/2023
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Advantage Home Medical Services, Inc. to Montgomery DME (a portfolio company of Incline Equity Partners). The acquisition closed November 22, 2022.
Located in North Las Vegas, Nevada, Advantage Home Medical Services (AHMS) provides Durable Medical Equipment (DME) for rental and purchase, primarily for use by hospice patients in a home setting. AHMS differentiates itself on several key fronts, including its product offering, competitive pricing, reliability, use of technology (proprietary software developed in-house), and exceptional customer service provided by responsive, knowledgeable, and caring staff.
Montgomery DME, located in Santa Fe Springs, California, has a mission to provide the highest quality durable medical equipment and outstanding patient service every day. Its team of well trained and compassionate care representatives provide the standard in patient and family education on all equipment delivered and in multiple languages. They understand the importance and strength of hospice relationships.
Incline Equity Partners, headquartered in Pittsburgh, Pennsylvania, is a private equity firm investing in manufacturing, distribution and business services companies. Incline is generally seeking growing companies with enterprise values of $25 – $750 million. Incline’s typical investment types are ownership transitions for privately held businesses, buyouts and corporate divestitures within the U.S. and Canada.
Managing Director, Chris Gain, with the support of Vice President, M&A, Nydia Blanco successfully closed the deal. Executive Managing Director and Group Leader, Randy Kamin, established the initial relationship with AHMS.
“It was clear from the beginning that joining Montgomery DME would allow the AHMS team to preserve its legacy by continuing to focus on the needs of hospice patients in the Las Vegas community,” said Gain.
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.