Eppic Medical buys Mobul
EPPIC MEDICAL ACQUIRES MOBÜL: THE MOBILITY STORE
Purchase of Long Beach-area retail provider of mobility devices, bath safety and lift chairs expands Eppic’s reach to Southern California HME users.
HME retailer Eppic Medical (Carlsbad, Calif.) has acquired another Southern California HME provider Mobül: the mobility store (Long Beach, Calif.) This marks the third provider purchase for Eppic, which also has locations in Palm Desert and San Diego. Eppic Medical is directly affiliated with complex rehab company Access Medical, which operates in Carlsbad, Anaheim, Palm Desert, Burlingame, Honolulu, and the island of Saipan.
Mobül is well known to HME Business readers for being a retail-only provider of mobility solutions, bath safety products, lift chairs and other HME items, as well as its showroom, which features various rooms so that clients can envision of HME products can fit into their lifestyles. With the Eppic relationship, Mobül will be able to add complex rehab products to its lineup.
“I was introduced to Wayne Slavitt, founder and CEO of Mobül, and was extremely impressed with him and the team Wayne has built,” said Blaine Hunt, founder, president and CEO of Access Medical. “The quality of the products, the outstanding service provided by the staff and the beauty of the store are exactly what attracted us to Mobül.”
“The quality of the products, the outstanding service provided by the staff and the beauty of the store which may have some retail shop fittings are exactly what attracted us to Mobul,” said Blaine Hunt, president and CEO. “We want to utilize the Mobul platform and expand our operations further.” Hunt says he will seek out additional acquisitions.
The M&A activity across healthcare sectors continue to drive strong valuation and strategic options for business owners. Considering a sale, merger or recapitalization? If your business is ready, the market opportunities and strategic options in the current market are worthy of your consideration.
Contact Paragon Ventures for more information.
www.paragonventures.com
800-719-1555
