M&A Deal Summary

Osceola Caital Management and Capital Southwest Acquire Central Medical Supply Group

On June 2, 2020, private equity firm Osceola Caital Management and business development company Capital Southwest acquired medical products company Central Medical Supply Group

Acquisition Highlights
  • This is Osceola Caital Management’s 1st and Capital Southwest’s 1st transaction in the Medical Products sector.
  • This is Osceola Caital Management’s 9th and Capital Southwest’s 44th transaction in the United States.
  • This is Osceola Caital Management’s 1st and Capital Southwest’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2020-06-02
Target Central Medical Supply Group
Sector Medical Products
Buyer(s) Osceola Caital Management
Capital Southwest
Deal Type Recapitalization

Target

Central Medical Supply Group

Flanders, New Jersey, United States
Central Medical Supply Group is a provider of outsourced equipment management solutions for hospices. In addition to managing the challenging logistics of delivering medical equipment to the site of care, CMG’s technology platform provides its clients with consolidated ordering and invoicing, as well as reporting and analytics on utilization, cost trends, and patient data. Central Medical Supply Group was founded in 1997 and is based in Flanders, New Jersey.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

DESCRIPTION

Osceola Capital Management is a private equity firm focused on acquiring small service companies operating in fragmented industries. The Firm looks for profitable businesses ($1 to $10 million of EBITDA) with $5 to $50 million of sales. Areas of interest include business services, healthcare services, tech-enabled services, and industrial services. Osceola Capital Management was established in 2014 and is headquartered in Tampa, Florida.


DEAL STATS #
Overall 9 of 14
Sector (Medical Products) 1 of 1
Type (Recapitalization) 2 of 3
State (New Jersey) 1 of 1
Country (United States) 9 of 14
Year (2020) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 PayrHealth

Austin, Texas, United States

PayrHealth provides analytical, contracting, negotiation, credentialing, and revenue cycle solutions to healthcare organizations. PayrHealth is an all-in-one payor relationship and network development solution - strategically modeling and proactively managing contracts, strengthening payor-provider relationships, and optimizing revenue cycle management to help safeguard the best partnerships between healthcare providers and payors. PayrHealth was founded in 1994 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-18 Avision

Hershey, Pennsylvania, United States

Avision provides comprehensive consulting and training to facility managers, foodservice operators, and distributor customers. Avision is based in Hershey, Pennsylvania.

Sell -
DESCRIPTION

Capital Southwest Corp. is a credit focused business development company focused on providing financing to profitable, mid-sized companies throughout the US. The Firm doesn't have any sector preferences and will consider a variety of investment structures. Capital Southwest Corp. was originally established in 1961 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 45 of 48
Sector (Medical Products) 1 of 1
Type (Recapitalization) 8 of 8
State (New Jersey) 1 of 1
Country (United States) 44 of 47
Year (2020) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-01 USA DeBusk

Deer Park, Texas, United States

USA DeBusk is a provider of highly specialized mechanical and industrial cleaning services including hydro blasting, transportation services, hydro cutting, vacuum services, chemical cleaning, hydro excavation, pigging and decoking services, hot and fixed bed inert catalyst handling and cleaning services, and specialty turnaround services. The company operates out of 22 field offices, providing services for customers in a wide variety of end-markets such as the downstream refining, petrochemical, power generation, and manufacturing sectors. USA DeBusk was founded in 2012 and is based in Deer Park, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-11 Coastal Television Broadcasting

Anchorage, Alaska, United States

Coastal Television Broadcasting Co. is a television broadcasting company that engages in the operation of broadcasting stations in duopoly or triopoly small-to-mid-size markets. Coastal TV owns and operates KTBY, KFNB, KLWY and WLOV, the FOX Broadcast affiliates in Anchorage, AK, Casper, WY, Cheyenne, WY and Tupelo, MS, respectively. Coastal Television Broadcasting Co. was founded in 2008 and is based in Anchorage, Alaska.

Buy -