Michael N. Cannizzaro has been hired as Vice Chairman, President, and Chief Executive Officer of Sunrise Medical. He is described as an executive with significant experience in successfully leading healthcare businesses, and will also join the company’s Board of Directors. His recent experience includes six years at J.W. Childs Associates, a Boston, MA private equity [...]
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The New Topchair Stair Climbing Wheelchair Ready For Commercialization
Update: May 2009 – IBOT – Stairclimbing wheelchair withdrawn from market. Topchair is a brand new powered wheelchair (and concept) that enables its drivers to easily be able to climb and descend stairs, steps and other obstacles – all of this in addition to having similar performance to an industry leading powered wheelchair on the [...]
Invacare Appoints Former NATO Commander To Its Board Of Directors
Invacare, struggling, like several of its competitors with reimbursement, Asian sourcing pressure and cost issues has just announced that it has appointed General James L. Jones, United States Marine Corps (ret.) to its board. General Jones has recently retired as Supreme Allied Commander of NATO (North Atlantic Treaty Organization) and Commander of the United States [...]
NPM Venture Capital Acquires Harting-Bank Homecare and Medical Provider- the Netherlands
NPM Capital, owned by the Fenter Van Vlissingen family has acquired Harting-Bank. Harting Bank is a major supplier to the homecare and associated markets in the Netherlands and has recently reported revenues of 80 million Euros. The acquisition provides considerable financial strength to this already strong player. The market is expecting a consolidation in the [...]
Homecare Investor Leader Board
Here is an update of investors voting with their pockets in the homecare industry and is a follow up to (Why) Would you invest in the homecare industry? The chart speaks for itself. I have selected three companies – all leaders in their respective areas. Invacare – Leading homecare manufacturer Apria – Leading Provider Respironics [...]
(Why) Would You Invest In The Home Healthcare Industry?
After having had three clients call and discuss this with me in as many days I thought it was time to try to figure it all out. So this is my (un) definitive position which I hope raises the right questions and provides at least some answers. Excuse the caveats and variables in the language [...]
Central and Eastern European Medical Device Distribution Company Seeks Investor Partner
The Company is based in the heart of the region and is a specialty distributor of value added medical device products. The owners have blue chip US medical device company backgrounds in cardio vascular, orthopedics and several other specialties. In order to help fund its expansion into the fast growing Eastern and Central European medical [...]
European Wheelchair and Homecare Products Company Seeks Specialty Distribution Partners In The United States
Highly respected European company and market leader in several categories wishes to further develop its international business in several countries, but specifically the USA. Company specializes in all wheelchair categories but is particularly interested in partners that have the capability of managing their range of pediatric and active wheelchairs. The distribution partners need to have [...]
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