Deal Summary
McColl Partners, LLC ("McColl Partners") acted as financial advisor to The SCOOTER Store, Ltd. ("The SCOOTER Store" or the "Company") in its minority recapitalization with an affiliate of Sun Capital Partners, Inc. ("Sun Capital"). The SCOOTER Store is the leading supplier of power chairs and scooters for people with limited mobility in the United States. The recapitalization enables The SCOOTER Store to capitalize on the growing need for power mobility and home care equipment in an evolving reimbursement environment.
About The SCOOTER Store, Ltd.
Since 1991, The SCOOTER Store has helped provide freedom and independence to more people with limited mobility than any other company in the nation. The Company offers power mobility solutions, including power wheelchairs, scooters, lifts, ramps, and accessories, in 48 states. The Company also provides home care products and services in some locations. Using these solutions provides today's seniors an alternative to living in nursing homes or other care facilities. The Company's goal is to create an opportunity for every senior or disabled American to live his or her entire life safely and confidently at home. The SCOOTER Store was recently recognized by FORTUNE magazine in its prestigious 100 Best Places to Work For in America for the second time. The Company is structured as an employee-owned company through its employee stock ownership plan ("ESOP") and is accredited by the Accreditation Commission for Health Care. For more information, visit www.thescooterstore.com.
About Sun Capital Partners, Inc.
Sun Capital Partners, Inc. is a leading private investment firm focused on leveraged buyouts, equity, debt, and other investments in companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in more than 255 companies worldwide with combined sales in excess of $40 billion since Sun Capital's inception in 1995. Sun Capital has offices in Boca Raton, Los Angeles, and New York, as well as affiliates with offices in London, Paris, Frankfurt, Luxembourg, Shanghai and Shenzhen. For more information, please visit www.suncappart.com.
About McColl Partners, LLC
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies. With significant experience working with entrepreneurs, family-owned businesses, private equity groups, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
For more information about this transaction, please contact Dave Vorhoff, head of the Healthcare Group, at 704-333-0519 or John Deering, head of the Private Capital Solutions Group, at 704-333-0574. Additional information about McColl Partners can be found at www.mccollpartners.com.