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Private equity firm The Riverside Co. has acquired Premier Medical Corp., a provider of rental respiratory equipment, liquid oxygen, durable medical equipment and related services to skilled nursing facilities and hospices in Colorado, New Mexico and Wyoming.
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The acquisition is an add-on to platform company Specialized Medical Services, Inc. This is the fourth add-on to SMS, including its merger with RCS Management in March.
Based in Denver, Premier adds direct infrastructure in key Western markets to SMS, and solidifies SMS’s position as a major provider of respiratory equipment, oxygen and related products to nursing homes and hospices in the U.S.