White Plains, New York — February 1, 2019 – Deutsch Capital LLC today announced that on December 14, 2018 it closed on a co-investment with Monument MicroCap Partners, LLC in conjunction with a recapitalization of Interlang, Inc. d/b/a Montgomery DME. Additionally, on January 31, 2019 Montgomery DME closed on the add-on acquisition of Abundant Home Care, Inc., which has been combined with Montgomery DME to create a regionally-focused provider of durable medical equipment on a rental basis to hospices throughout Southern California.
Founded in 1996 and headquartered in Santa Fe Springs, CA, Montgomery DME is a leading provider of durable medical equipment on a rental basis to hospices located primarily in Los Angeles and surrounding counties. The company rents and services equipment such as hospital beds, wheelchairs, oxygen concentrators, oxygen tanks, and recliners. Montgomery DME currently services approximately 3,000 hospice patients. Abundant Home Care is a provider of durable medical equipment on a rental basis to hospices in San Diego and services over 400 hospice patients.
Mark Deutsch, President of Deutsch Capital, said, “Bob Erwin, CEO of Monument MicroCap, and I have known each other for over 20 years as our predecessor firms have worked together on numerous investments. I am very pleased to have partnered with Bob on Monument MicroCap’s first transaction and look forward to working with his firm on future investments.”
ABOUT MONTGOMERY DME
Montgomery DME has been serving the Los Angeles, Ventura, San Bernardino, Riverside and Orange Counties for over two decades. The company prides itself with providing the hospice community with prompt and professional service. Its facility is accredited by the Accreditation Commission for Health Care, providing its customers and their patients with the highest level of industry standards. To learn more, visit www.montmkt.com.
ABOUT DEUTSCH CAPITAL
Based in White Plains, NY, Deutsch Capital is a private equity firm that invests in lower middle-market companies across a wide range of industries. Typical investments are in privately owned niche manufacturing, business services and building products companies with sales of $10 million to $75 million. Selectively, the firm also invests in early stage businesses. To learn more, visit www.DeutschCapital.com.