PNC Financial Services (NYSE:PNC)
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2 Months : From Sep 2019 to Nov 2019
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it is advising National Seating & Mobility (NSM), a portfolio company of Court Square Capital (Court Square), on its pending sale to Cinven. NSM is a leading provider of complex rehabilitation, mobility and accessibility solutions in the U.S. and Canada. The transaction is being led by Geoff Smith, Paul Hepper, Cheairs Porter, Nathan Robertson and Bill Whitaker of the Harris Williams Healthcare & Life Sciences (HCLS) Group.
“It was a pleasure to work with the NSM team on this transaction,” said Geoff Smith, a managing director at Harris Williams. “We continue to see strong interest in the complex rehabilitation technology market, especially for a market leader like NSM, which provides a comprehensive suite of mobility solutions.”
“We’re excited to see what NSM and Cinven will accomplish in this next chapter of growth,” said Paul Hepper, a managing director at Harris Williams. “We believe the partnership will allow the company to accelerate on its organic and acquisition-driven growth initiatives in the U.S. and internationally.”
NSM is a premier mobility solutions provider in North America with industry-leading expertise in complex rehab technology, accessibility and service, supporting independence for individuals with disabilities. Founded in 1992, the company has grown from five locations to a network of mobility solutions experts partnering with physicians, therapists and clients across the U.S. and Canada. NSM is the only national mobility solutions provider accredited by The Joint Commission for demonstrating quality and safe care. The Joint Commission accredits and certifies more than 21,000 healthcare organizations and programs in the U.S.
Court Square is a middle market private equity firm with one of the most experienced investment teams in the industry. Since 1979, the team has completed over 230 investments, including several landmark transactions, and has developed numerous businesses into leaders in their respective markets. Court Square invests in companies that have compelling growth potential within the business services, general industrial, healthcare, and technology and telecommunications sectors. The firm has $6.6 billion of assets under management and is based in New York City.
Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across Industry Groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).
The Harris Williams Healthcare & Life Sciences Group has experience across a broad range of sectors, including outsourced clinical services; medical devices, products and distribution; multi-site and retail healthcare providers; alternate site care; healthcare IT; managed care and cost containment services; and outsourced pharma services. For more information on the HCLS Group and other recent transactions, visit the HCLS Group’s section of the Harris Williams website.
Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: firstname.lastname@example.org). Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. awaited). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.
For media inquiries, please contact Katie Langemeier, associate brand manager, at +1 (804) 648-0072.
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Katie Langemeier, associate brand manager, +1 (804) 648-0072