Wound care companies join together

Aurora Capital Group, a Los Angeles based private equity firm managing more than $2 billion in assets, has completed the purchase and merger-of-equals transactions to combine RecoverCare LLC (Radnor, Pa) and MedaSTAT USA LLC (Louisville, Ky), two privately held companies. The combined company will be called RecoverCare, LLC and will serve as a leading distributor of wound care and bariatric equipment and solutions to the acute and long-term healthcare markets. RecoverCare offers a national service infrastructure, with 158 service centers, more than 750 employees, and a fixed asset inventory approaching 100,000 units. The company also has durable, quality customer relationships with leading acute and long-term healthcare facility chains, technology solutions, sophisticated asset management practices, and growth capital to expand organically and through acquisitions within the rapidly growing healthcare markets of wound care and bariatrics.

For more information, visit www.recovercare.com.

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