Nautic Partners to Acquire Wheelchair-Accessible Vehicle Maker Vantage Mobility.
M2 EQUITYBITES-September 13, 2016-Nautic Partners to Acquire Wheelchair-Accessible Vehicle Maker Vantage Mobility
(C)2016 M2 COMMUNICATIONS http://www.m2.com
13 September 2016 - US-based middle market private equity firm Nautic Partners, LLC has partnered with management to acquire Phoenix, Arizona-based wheelchair accessible vehicle manufacturer Vantage Mobility International, the company said.
Terms of the transaction were not disclosed.
VMI employs an experienced engineering, marketing, manufacturing, and sales staff to produce converted vehicles with lowered floors, increased headroom, and deployable ramps which allow for comfortable use of the vehicle by a disabled driver or passenger.
The company offers conversions on Toyota Sienna, Honda Odyssey, Dodge Caravan, Chrysler Town and Country, and Chrysler Pacifica platforms.
Vantage Mobility International is a manufacturer and distributor of innovative, reliable, and high quality accessible vehicles.
Nautic is a middle-market private equity firm that focuses on three industries: healthcare, industrial products, and outsourced services.
((Comments on this story may be sent to firstname.lastname@example.org))
|Printer friendly Cite/link Email Feedback|
|Publication:||M2 EquityBites (EQB)|
|Date:||Sep 13, 2016|
|Previous Article:||Options Group Acquires Australian Financial Executive Search, Consulting Firm Broadstreet Global.|
|Next Article:||GI Partners Acquires Irvine, California Property Using CalSTRS Money.|