Roscoe Medical acquired by Tenex Capital Management

STRONGSVILLE, Ohio—Roscoe Medical announced that it has finalized a recapitalization of the company with Tenex Capital Management. Roscoe Medical’s current management team, led by President and CEO Paul Guth, will remain in place under Tenex’s sponsorship. The company currently employs nearly 89 full-time staff and has four locations nationwide.

“This is a great fit for Roscoe Medical, and another chapter in the growth story of the company,” said Guth. “By partnering with Tenex, we will have the financial support and operational strength we need to take Roscoe Medical to the next level.”

Varun Bedi, managing director and principal of Tenex Capital Management, added, “We are very excited to partner with Roscoe Medical. The company and its employees have demonstrated a commitment to their customers that has impressed us all. We look forward to continued success.”

Over the past 20 years, Roscoe Medical has grown from a small distributor of respiratory parts and supplies to a full service manufacturer of innovative home health care products. The company’s complementary product portfolio consists of pain management, respiratory therapy, home medical equipment, sleep therapy and health and beauty products and accessories. The company has relationships with over 3,100 active customers that serve a number of attractive patient and consumer care end markets including chiropractors, physical therapists, pain management physicians, internet retailers and homecare dealers.

Roscoe Medical, headquartered in Strongsville, Ohio, is a major manufacturer and distributor of innovative healthcare products that promote independence and better living in the home care setting. The company’s core product lines include respiratory products, CPAP products, pain management products and durable medical equipment. Serving customers throughout the U.S., Canada and Puerto Rico, the company is known for its superior customer service, quality products and competitive prices. For more information visit www.roscoemedical.com.

Tenex Capital Management is a private equity fund that invests in middle-market companies experiencing significant change in their markets, operations, or capital structure. Tenex utilizes an in-house team of hybrid investment professionals skilled in operational leadership, investing and capital markets structuring to maximize long-term value creation. Tenex’s deep operating experience allows the firm to collaborate with management teams to capitalize on business and market opportunities. Tenex has established a successful track record investing in diverse industries including industrials, manufacturing, and health and business services.