Patterson Medical Received Private Equity Investment

patterson medicalPatterson Medical, a Warrenville, IL-based distributor of rehabilitation supplies and equipment, received a minority investment of undisclosed amount.

Backers included Guidon Partners and Madison Dearborn Partners. In conjunction with the funding, Paul Diaz, a founder and partner of Guidon Partners, and Executive Vice Chairman, Kindred Healthcare, Inc. (NYSE: KND) joined Patterson Medical’s Board of Directors.

The company intends to use the proceeds to contineu to expand its operations.

Led by Mike Orscheln, president and CEO, Patterson Medical specialty distributor of rehabilitation supplies and equipment to acute care facilities, outpatient clinics, long-term care facilities and select dealers.



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