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:7/18/2019)... ... July 18, 2019 , ... Fresh blueberries are now found just a ... of homegrown edible berry bushes. , These ornamental berry shrubs, which took more than ... garden or on the patio in containers, not out of sight in the back ...
(Date:7/17/2019)... (PRWEB) , ... July 17, 2019 , ... Highmark Health, ... and soccer enthusiasts from around the region to announce plans for what will be ... , Located in Coraopolis on State Avenue and adjacent to the Montour Trail, the ...
(Date:7/17/2019)... JOSE, Calif. (PRWEB) , ... July 17, 2019 , ... ... today continues its rapid expansion with the addition of three new executive hires: CFO ... VP of Software Engineering, Fernando Cruz (from Rappi, Inc., Apple, Inc.). , The ...
Breaking Medicine Technology:
(Date:7/17/2019)... (PRWEB) , ... July 17, 2019 , ... In order ... which damage to the teeth could occur, from the accident scene, to the moment ... and created a paradigm shift for treatment. , They identified seven points, so called ...
(Date:7/17/2019)... ... July 17, 2019 , ... ICD10monitor, an online ... coding set, is launching an exclusive educational webcast subscription service featuring 40 original ... officials announced this week. , The ICD10monitor webcast portfolio already includes sought-after ...
(Date:7/17/2019)... ... 2019 , ... The Coalition of Medication-Assisted Treatment Providers and ... its member Opioid Treatment Programs (OTPs) at 12 locations are participating in a ... with the goal of achieving better outcomes through telemedicine. The study, “Comparison of ...
(Date:7/13/2019)... ... , ... ZALO , the leading luxury sex toy manufacturer, is now ... To view the product and its accompanying video click here . , “We ... people around the world,” said Mara Epstein, director of sales. “The Hero provides a ...
(Date:7/13/2019)... ... July 12, 2019 , ... The American Med Spa Association ... is designed to help medical aesthetic and medical spa professionals understand the realities of ... the industry. , “It’s been two years since AmSpa released the 2017 Medical Spa ...
Breaking Medicine News(10 mins):