LFM Capital has sold Medix Specialty Vehicles to Demers Braun Crestline, a portfolio company of Clearspring Capital Partners
Medix Specialty Vehicles, based in Elkhart, Indiana, designs and manufactures ambulances that are utilized to provide essential services such as emergency response and patient transport. Medix offers Type I, Type II and Type III ambulances that are crafted and designed to offer exceptional comfort, quality and convenience at a reasonable price. Medix primarily sells ambulances through dealers that in turn sell to a diverse group of end users, including private ambulance service providers and municipalities.
Lincoln acted as the exclusive financial advisor to Medix and LFM Capital, working closely with the company’s management team and shareholders throughout the sale process. This included providing mergers and acquisitions advice, industry and cross-border expertise, as well as managing the negotiation and due diligence phases of the transaction.
Lincoln's guidance and strategic advice throughout the process was key in helping us create an outstanding outcome and find a great home for the business.
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