January 3, 2022
For Immediate Release
Monument MicroCap Partners, LLC (“Monument”), a Midwest-based private equity firm, announced today that on December 16, 2021 its portfolio company, Interlang, Inc. d/b/a Montgomery DME (“MDME”) recapitalized Premier Medical Equipment & Supply (“Premier”). Based in Colton, CA, Premier rents durable medical equipment and home medical equipment to hospice and home health care providers in San Bernardino County and other parts of Southern CA.
“We are very excited and proud to partner with Premier as we continue to expand our service to new clients and their patients”, said Ron Galan, President of Montgomery DME. “Premier and MDME provide each other with expanded geographies and greater resources to better assist patients. We welcome Premier’s hospice partners, patients and patient families to our MDME family.”
Premier represents the third recapitalization by MDME since its acquisition by Monument in December 2018. In January 2019, MDME recapitalized Abundant Home Care, a provider of DME on a rental basis to hospices in San Diego County, and in April 2021, MDME recapitalized Live Well Medical Supplies, a provider of DME to hospices in Riverside County.
About Monument MicroCap Partners, LLC
Monument is a Midwest-based private equity firm focused on investments in North American businesses with EBITDA of $2-8 million. Monument seeks to partner with honest, hard-working and talented management teams across a wide variety of industries, including niche manufacturing, business services and industries positioned to capitalize on demographic trends and the growing need for infrastructure investment.