PHILADELPHIA--(BUSINESS WIRE)--LLR Partners (“LLR”), one of the Mid-Atlantic’s largest private equity investment firms with over $1.4 billion under management, announced today that it has provided equity capital to RecoverCare LLC of Radnor, PA, for its acquisition of T.H.E. Medical Inc. of Barrie, Ontario. RecoverCare is a leading supplier of bariatric, wound care and safe patient handling products and services to acute care and long-term acute care (LTAC) hospitals, skilled nursing facilities, rehabilitation hospitals, hospice, and home care patients. T.H.E. is a leading designer, manufacturer and supplier of safe patient handling and transfer equipment and services in the acute care, LTAC, and long-term care markets.
