Potomac Equity Partners Announces Acquisition of U.S. Mobile Health Exams
WASHINGTON, D.C., FEBRUARY 23, 2022 – Potomac Equity Partners, LLC, a Washington, D.C.-based investment firm, announced today the acquisition of U.S. Mobile Health Exams, a leading provider of mobile health testing and examination services. U.S. Mobile Health Exams (“USMHE” or the “Company”) specializes in occupational health tests (e.g., hearing conservation, respiratory protection, physical exams, and drug and alcohol testing), and health screenings (e.g., blood tests, ultrasound screenings, immunizations, community health outreach and other advanced screenings). The Company primarily services commercial customers who are subject to U.S. Occupational Safety and Health Administration (“OSHA”) and U.S. Department of Transportation (“DOT”) employee testing requirements.
“U.S. Mobile Health Exams is well-positioned to continue to benefit from re-occurring OSHA and DOT requirements, expanding safety and corporate compliance mandates and an increased demand for healthcare services overall,” said Chris Blythe, Partner of Potomac Equity Partners. “Potomac Equity is honored to be partnered with U.S. Mobile Health Exams and looks forward to working with the Company going forward to help it realize its full potential and capitalize on the positive macro tailwinds of the occupational health and workplace safety industries through a more focused and aggressive growth strategy,” added John Bates, Founder and Partner of Potomac Equity Partners.
Paul Hassan, Founder of U.S. Mobile Health Exams, said “We are excited to partner with Potomac Equity to help take USMHE to the next level. Our entire organization looks forward to accelerating USMHE’s growth through various organic and acquisition-driven initiatives. Potomac Equity has a track record of successfully growing businesses, and I am very excited about USMHE’s future.”
About Potomac Equity Partners, LLC
Potomac Equity Partners is a Washington, D.C.-based private equity investment firm focused on providing superior equity returns through the close partnership and collaboration with its portfolio company management team members. The firm strives to invest in companies with leading products and services, superior management teams, and in which its invested capital and collaborative efforts can enable companies to exponentially ramp their long-term growth prospects and overall performance. The principals of Potomac Equity Partners have a long and successful history of investing with management teams across a wide range of industries including healthcare, software and technology, education and training, and information services. For more information, visit www.potomacequitypartners.com.
About USMHE, LLC (U.S. Mobile Health Exams)
Founded in 2011 and headquartered in Jacksonville, FL, U.S. Mobile Health Exams is a leading mobile health testing provider specializing in occupational health tests (e.g., hearing conservation, respiratory protection, physical exams, and drug and alcohol testing), and health screenings (e.g., blood tests, ultrasound screenings, immunizations, community health outreach and other advanced screenings). The Company performs on-site health services for customers across the U.S. and in a broad range of industries. For more information, visit www.usmhe.com.