ATLANTA (October, 29 2010) - Nancy Creek Capital Fund II, an Atlanta-based mezzanine and equity investment fund, invested a total of $3.75 million in Comfort Medical Supply. The capital was used to facilitate the buyout of the company by a private equity firm. Nancy Creek invested $3.5 million of subordinated debt with warrants and co-invested $250,000 in the common equity alongside the equity group.
Comfort Medical Supply, headquartered in Ormond Beach, Florida, is a durable medical equipment company, selling primarily motorized wheelchairs, rehabilitative chairs and other medical equipment throughout the continental U.S. The company is paid primarily through Medicare reimbursement. The company was founded in 1995.
Comfort Medical Supply, headquartered in Ormond Beach, Florida, is a durable medical equipment company, selling primarily motorized wheelchairs, rehabilitative chairs and other medical equipment throughout the continental U.S. The company is paid primarily through Medicare reimbursement. The company was founded in 1995.