CapX recognized MediLogix's success in the on-demand rental services of durable medical equipment as well as its high potential for growth. In order to meet MediLogix’s projected inventory demands, CapX provided a customized senior term loan. This facility will fund new durable medical equipment, fulfilling the Company’s increased customer demands. With fast turnaround and a hands-on approach, CapX will enable MediLogix to achieve all of its financing needs.
“CapX appreciates MediLogix’s customer-centric platform created by Harry Felber and his dedicated investor group. MediLogix provides high quality, durable medical equipment to its customers and stands out for its responsiveness and willingness to help customers manage their equipment needs efficiently. The Company’s proven platform, management acumen, and pipeline of new business, convinced us to invest in MediLogix’s next phase of growth. We look forward to supporting MediLogix in the years ahead” stated Stephen J. Healey, Managing Director, CapX Partners.