Navigation Links
Levine Leichtman Acquires Champion Manufacturing
Date:8/8/2013

BEVERLY HILLS, Calif., Aug. 8, 2013 /PRNewswire/ -- Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, announced today that it has partnered with management to complete the acquisition of Champion Manufacturing, Inc. ("Champion"), a subsidiary of Invacare Corporation.  Based in Elkhart, Indiana, Champion is a leading designer and manufacturer of seating products for the healthcare market. The Company's product portfolio primarily consists of highly engineered medical recliners sold to outpatient, post-acute medical facilities for treatments such as hemodialysis, where patient comfort is of critical importance.

Champion is the third investment from Levine Leichtman Capital Partners SBIC Fund, L.P., a $225 million private equity fund.  According to Lauren Leichtman, Co-Founder and CEO of LLCP, "Champion has a strong track record of growth since inception.  With its leading position in the dialysis center market and growing position in similar healthcare markets, the company is ideally positioned to benefit from the continued strong growth within these market segments.  We are excited to partner with the current CEO Doug Keeslar and the rest of the Champion senior management team and look forward to the continued growth of the business."

Doug Keeslar, Champion's Chief Executive Officer, commented, "I am very excited about partnering with LLCP as the company seeks to further strengthen its market position and fuel its next stage of growth.  LLCP has a long history of being a value-added partner to its portfolio companies and I look forward to leveraging their strategic, financial and M&A expertise."

Champion Manufacturing was advised by SunTrust Robinson Humphrey.  Senior debt financing was provided by Madison Capital.

About Levine Leichtman Capital Partners
Levine Leichtman Capital Partners is a Los Angeles, California-based investment firm that manages approximately $6.5 billion of institutional investment capital through private equity partnerships, distressed debt and leveraged loan funds. LLCP is currently making new investments through Levine Leichtman Capital Partners V, L.P., Levine Leichtman Capital Partners SBIC Fund, L.P., and Levine Leichtman Capital Partners Private Capital Solutions II, L.P. Prior investments by Levine Leichtman Capital Partners include Santa Cruz Nutritionals, CiCi's Pizza, Hackney Ladish, Jon Douglas Real Estate Group, and Quizno's.  For more information about Levine Leichtman Capital Partners, please visit www.llcp.com.


'/>"/>
SOURCE Levine Leichtman Capital Partners
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Maroon 5 Lead Singer Adam Levine and Shire Announce "The Own It Project," Encouraging Adults with Attention-Deficit/Hyperactivity Disorder to Tell Their Stories Through a National Contest
2. Johnson & Johnson (China) Investment Ltd. Acquires Guangzhou Bioseal Biotechnology Co., Ltd.
3. Marken Acquires European Kit Building Operation From LabCorp Clinical Trials
4. PLZ Aeroscience Acquires Assured Packaging
5. NeuroSigma Subsidiary Acquires Thin-Film Nitinol Fabrication Patent Portfolio
6. PneumRx, Inc. Acquires Key Assets From Broncus
7. FMC Corporation Acquires Phytone, Ltd., a Leading European Natural Colors Business
8. Frazier Healthcare Acquires U.S. Commercial Pharmaceutical Packaging Operations from Catalent Pharma Solutions
9. RoundTable Healthcare Partners Portfolio Company, Renaissance Acquisition Holdings, LLC Acquires DPT Laboratories
10. ERT Acquires invivodata to Establish the Industrys Most Experienced Provider of Clinical Outcome Assessment Solutions
11. Arthritis Associates of South Florida Acquires Access to Patient Health History Faster with Digital Pen Technology from Anoto and NextGen Healthcare
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/29/2017)... YORK , March 29, 2017 Global intravenous ... US$ 3 billion by 2021, growing at a CAGR of ... iron prescribed by a doctor to treat anemia or other ... iron level in the body. However, in some cases, oral ... the body and intravenous (IV) iron therapy comes into the ...
(Date:3/29/2017)... March 29, 2017  BioSpecifics Technologies Corp. (NASDAQ: ... to develop collagenase based-therapies with a first in ... as XIAFLEX ®  in the U.S. and Xiapex ... a corporate overview at the upcoming 16 th ... 5, 2017 at 8:00 a.m. ET in ...
(Date:3/29/2017)... 29, 2017 Research and Markets has announced the ... Therapy Centers & Forecast" report to their offering. ... Proton Therapy Market in Italy ... value in 2016. There are currently three proton therapy centers in ... more patients. In Italy , the first patients were ...
Breaking Medicine Technology:
(Date:3/29/2017)... ... 2017 , ... Youth Futures International (YFI) premiered its Serve, Learn, & Empower ... college students who have participated in the program every summer. The 2017 Serve, ... applications for enrollment. Visit http://www.ghana.yfiexperience.org to learn more. , “I have ...
(Date:3/29/2017)... Rouge, Louisiana (PRWEB) , ... March 29, 2017 ... ... HeartBoost in three Hours at a Walgreens store in Mississippi. AngioGenesis Labs, makers ... at Walgreens Stores in two southeastern states. Ingredients in HeartBoost, an over the ...
(Date:3/29/2017)... Mt. Horeb, WI (PRWEB) , ... March 29, 2017 , ... ... her patients on early orthodontic treatment and accepting new pediatric patients, with or without ... can help young patients have a better orthodontic outcome and experience. When patients receive ...
(Date:3/29/2017)... ... March 29, 2017 , ... Curio Wellness , a ... the finalization of the company’s executive management team with prominent executives from both inside ... Curio Wellness’ Chief Operating Officer, Ted Dumbauld , who has more than twenty ...
(Date:3/29/2017)... Ca (PRWEB) , ... March 29, 2017 , ... Immunotherapy ... a growing number of cancers and is touted to be the next revolution in ... thus far, has been in the form of immune checkpoint inhibitors such as PD-1 ...
Breaking Medicine News(10 mins):