Sun Capital Partners, a private investment firm specialising in leveraged buyouts and investments in market-leading companies, has made an investment in The SCOOTER Store, the USA’s leading provider of power mobility solutions and services for elderly and disabled patients. Terms of the transaction have not been disclosed.
Based in New Braunfels, Texas, The SCOOTER Store offers power mobility solutions, including power wheelchairs, scooters, lifts, ramps, and accessories supported by a national service organisation. The company also provides Home Care products and services in select locations which provide seniors with a better quality of life and an alternative to living in nursing homes or other care facilities. The SCOOTER Store is the most recognised brand in its industry and was No. 38 on FORTUNE magazine’s 100 Best Companies to Work For in 2010. The company employs approximately 2,500 people.
“The SCOOTER Store is a market leader in its industry and is run by a strong management team,” says M Steven Liff (pictured), Senior Managing Director at Sun Capital Partners. “We view this as a growth investment in a business that does an excellent job of working with customers to ensure they receive the right product for their medical needs with convenient in-home delivery and service. The SCOOTER Store is well positioned in a market whose customer base is projected to grow significantly in the coming years. We also see opportunities to expand product offerings in areas that would greatly enhance the business.”
