Daily News: February 10, 2014

TrueNorth Advises on Revolution Mobility Sale

TrueNorth Capital Partners announced that it acted as an exclusive financial advisor to Revolution Mobility LLC on its sale of certain assets to Roscoe Medical.

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.”

Strongsville, OH-Roscoe Medical, a portfolio company of Tenex Capital Management, is a manufacturer and distributor of innovative healthcare products that promote independence and better living in the homecare setting.

California-headquartered Revolution 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.