About the company
Headquartered in Portland, OR and Mesa, AZ, Northwest Medical, LLC / Great Elm DME are leading regional providers of durable medical equipment (DME) and sleep studies with a focus on Continuous Positive Airway Pressure (CPAP) equipment, ventilators, oxygen equipment, and disposable supplies.
The Companies have geographic reach across 5 states serving approximately 70,000 patients annually, to customers who depend on the Companies’ products and services throughout the duration of their treatment.
AUGUST 7, 2018
Corbel Capital Partners closes follow-on investment in NorthWest Medical, LLC and Valley Healthcare Group, LLC
Corbel closed a follow-on investment (the “Transaction”) for its portfolio company Northwest Medical, LLC (“NWM”) in the form of additional senior secured debt to support the continued growth of the Company. Concurrent with the Transaction, NWM merged with Valley Healthcare Group, LLC (“VHG”). Corbel’s flexible capital solution enabled Corbel to increase its investment to create a larger combined entity that has geographic reach across 5 states serving approximately 70,000 patients annually. NWM and VHG are leading regional providers of durable medical equipment and sleep studies with a focus on Continuous Positive Airway Pressure (“CPAP”) equipment and ventilators as well as disposables supplies and medical services. Corbel made the investment in partnership with Great Elm Capital Group Inc. (NASDAQ: GEC), a publicly-traded holding company that creates value for shareholders by building operating companies.