Patient Square-backed Hanger agrees to buy Numotion, forming Hanger Numotion

Reuters2026/09/10 15:19

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Hanger agreed to buy mobility-products provider Numotion in a cash deal, forming a combined company called Hanger Numotion.
Patient Square Capital will control the combined business, which will keep operating under the Hanger and Numotion brands.
Numotion CEO Mike Swinford is set to lead the combined company; Hanger CEO Pete Stoy will step aside.
The group expects to serve more than 1.5 million patients annually across the U.S. and Canada.
Closing is targeted for Q4 2026, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patient Square Capital LP published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Patient Square-backed Hanger agrees to buy Numotion, forming Hanger Numotion

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