Healthcare Equipment Company
Small, but rapidly growing company within an evolving industry
The Company is a leading provider of Personal Emergency Response Systems (“PERS”). PERS allow seniors to remain more safely in their home by providing them with a wearable monitoring device that alerts a monitoring agency or 911 when an accident, such as a fall, has occurred. The Company is one of the five largest PERS providers in the US as well as one of the largest direct-to-consumer companies in the industry.
Falcon partnered with a non-traditional sponsor with a deep understanding of the direct-to-consumer business and management to acquire the Company. Falcon provided a flexible capital structure to allow the Company to continue its rapid growth. Falcon invested senior subordinated notes with warrants, convertible preferred equity and common equity.