Roscoe Medical is Sold to Tenex Capital Management

Chattanooga, TN, July 19, 2013

River Associates Investments, LLC (“River Associates”), a leading lower middle market private equity firm based in Chattanooga, TN, announced the sale of Roscoe Medical, Inc. (“Roscoe”) to an affiliate of Tenex Capital Management on July 19, 2013.

Roscoe Medical is a leading manufacturer and distributor of home medical equipment covering pain management, respiratory therapy, home medical equipment, and sleep therapy. The Company has approximately 3,100 customers that include chiropractors, physical therapists, pain management physicians, Internet retailers and home care dealers.

River Associates Partner Patten Pettway commented, “It was a great pleasure working with all of the employees of Roscoe. We appreciate their efforts during our time together and wish them continued success during their next phase of growth.”

Paul Guth, Roscoe Medical’s CEO added, “I couldn’t be more pleased for River Associates. They were a supportive sponsor and helped position us for future growth.”