Teaneck, NJ – DFW Capital Partners (“DFW”), in partnership with Chartwell Investments Entrepreneur & Founder Capital (“Chief Capital ”), announced today that it has successfully completed the sale of their portfolio company, RQM+ Corp. (“RQM+” or the “Company”) to Linden Capital Partners. The sale represents the first liquidity event for the firm’s 2019 vintage fund, DFW Capital Partners VI, LP.
Headquartered in Monroeville, PA, RQM+ is one of the largest international providers of regulatory, quality, and compliance consulting services for the world’s leading medical device, in-vitro diagnostics, and combination product manufacturing companies. DFW and Chief Capital led the recapitalization of Regulatory & Quality Solutions in 2019, prior to acquiring Maetrics LLC and rebranding the combined business as RQM+.
Maria Fagan, President of RQM+, stated “DFW and Chief Capital have been excellent partners for RQM+ in pursuing our shared mission and supporting our growth to become the world’s leading regulatory and quality consulting firm focused on medical devices and diagnostics.”
DeVer Warner, Partner at DFW, added “We are proud to have partnered with RQM+ in building the premier regulatory and quality consultancy in the medical device sector and are excited to see the team embark on their next phase of growth with a new capital partner.”
Ice Miller LLP served as legal advisor to RQM+. Harris Williams LLC served as the exclusive financial advisor to RQM+.
About DFW Capital Partners
DFW is a private equity investment firm focused on lower-middle market companies. The firm concentrates on service companies, with an emphasis on healthcare and outsourced business and industrial support services. DFW is backed by both institutional and high net worth individual investors and has established a more than 20-year track record of success in building companies. DFW is headquartered in Teaneck, New Jersey, and maintains an office in Washington, D.C.
About Chartwell Investments Entrepreneur & Founder Capital
Chief Capital is a private investment firm providing flexible private equity for entrepreneurs, family-owned businesses and corporate carve-outs. The firm partners with management owners to help realize their visions and provide long-term capital, resources and expertise to accelerate growth and provide generational liquidity. Chief Capital customizes each investment to meet the objectives of its entrepreneur and family partners. With 40+ years of experience, Chief Capital focuses on niche lower middle market companies with emphasis on healthcare services, business services and niche manufacturing segments. www.chiefcap.com
About RQM+
RQM+ is a leading medical device and diagnostics focused, regulatory and quality consulting firm. The company delivers transformative solutions by providing an unrivaled collective expertise, fueled by passion for client success. RQM+’s experts are collaborative, laser-focused on client needs and committed to delivering high value solutions that exceed expectations. For more information, please visit www.rqmplus.com.