BPOC, one of the longest-tenured private investment firms focused exclusively on partnering with middle-market healthcare businesses, today announced strategic investments in Master Medical Equipment (“MME”) and ReNew Biomedical (“ReNew”), sister companies that partner to provide comprehensive capital equipment solutions, distribution and service to the pre-hospital and post-acute markets.

Founded in 2011 and 2014, respectively, MME and ReNew together provide new and refurbished capital equipment and related accessories and disposables, rental equipment and repair and preventative maintenance services to the emergency medical services and other markets. The companies are headquartered in Jackson, TN, with a national sales and distribution network, supported by additional service locations in Illinois, Kentucky, Georgia and Florida.

“BPOC is thrilled to partner with MME and ReNew,” said Adam Hentze, Partner at BPOC. “Mark Taylor and his team have done an incredible job building these businesses and we look forward to supporting him and his team in this next chapter.”

“Partnering with BPOC is a major step forward for our companies as we look to expand our geographic presence and solutions offering to better serve our customers,” said Mark Taylor, the founder and CEO of MME and ReNew, who will continue to lead the businesses going forward. “BPOC is absolutely the right strategic partner for us and I am excited to welcome them to our team.”

Stout served as financial advisor and Holland & Knight LLP served as legal counsel to MME and ReNew in connection with the transaction. Paul Hastings LLP served as legal counsel to BPOC and BMO provided debt financing.

About BPOC

Founded in 1996, BPOC (www.bpoc.com) is a Chicago-based private equity firm and one of the nation’s longest-tenured, pure play investors in the healthcare industry having raised seven funds with total capital commitments of approximately $2.5 billion. BPOC has invested in numerous provider, manufacturing, outsourcing, distribution and information technology companies through growth equity, management buyouts and leveraged recapitalizations.

About Master Medical Equipment and ReNew Biomedical

Headquartered in Jackson, TN, MME and ReNew partner to provide equipment and disposable procurement and ongoing service and support to the pre-hospital and post-acute industries. MME (www.mmemed.com) specializes in distribution and sales of new, used and refurbished medical equipment with a product portfolio ranging from defibrillators to infusion pumps and related disposables and accessories. ReNew (www.renewbiomedical.com) offers biomedical repair, maintenance and other services.

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