MobilityWorks, a leading provider of wheelchair accessible vehicles, announced its partnership with Flexpoint Ford, a Chicago-based private equity firm that focuses on the health care and financial services industries. Ulmer & Berne LLP acted as co-counsel to MobilityWorks in this major transaction where Flexpoint made a substantial equity investment in MobilityWorks.
MobilityWorks will continue to operate as an independent company led by its current management team, who will retain a significant ownership stake in the company. The new partnership will promote and accelerate MobilityWorks’ vision of “Accessibility for All” with additional capital for the company’s ongoing expansion strategy.
Ulmer’s Commercial Finance Industry Group, led by Partner David D. Black, has deep experience providing comprehensive legal services in the ever-evolving financial services sector. Ulmer’s attorneys effectively anticipate industry change and proactively deliver bottom-line results to an array of financial services industry partners and consumers of financial services.