Recapitalization of Jordan Reses Supply Company, LLC

Friday, February 17, 2012

William Blair & Company served as exclusive advisor to Jordan Reses Supply Company, LLC with respect to its recently completed recapitalization. William Blair was retained by Jordan Reses to develop a range of alternatives to achieve the company’s objectives for liquidity. In connection with its engagement, William Blair developed and evaluated a range of alternative transactions, marketed the transaction to a variety of potentially interested parties, evaluated the alternatives presented to Jordan Reses, and negotiated and closed the recapitalization, which included a $45 million senior credit facility.

Jordan Reses is a premier national distributor of respiratory devices and supplies, solely focused on federal government agencies, principally the independently managed Medical Centers comprising the Veterans Administration (VA). As the leading supplier of sleep-disorder products to the VA, Jordan Reses’s current core product offerings include CPAP and BiPAP devices and related masks that interface with these units. The company has recently expanded its product line to include a variety of related items and offers more than 1,100 SKUs from nine different manufacturers. The company is based in Ann Arbor, Michigan.

For additional information on the transaction or William Blair’s private financing capabilities, please visit our website, williamblair.com, or contact us via e-mail at corpfin@williamblair.com.

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