Nolan Advised Scrubs on Wheels on its Sale to Birch Swing Capital

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“We engaged with Nolan in late 2019 to sell Scrubs on Wheels. We paused our sale during the pandemic and relaunched in 2022. The Nolan team persevered and remained on course despite the challenges thrown our way. We are thrilled to have found the ideal buyer in Birch Swing Capital and are excited for the next chapter for Scrubs.”

Ryan Brady
Ryan Brady
Owner, Scrubs on Wheels

  • Scrubs on Wheels, based out of Elkhart, IN, is a leading provider of medical uniform solutions to a diverse healthcare client base in the U.S.
  • Founded in 2001 and under current ownership since 2015, Scrubs has over two decades of experience serving thousands of nursing homes and extended care facilities throughout America’s heartland and beyond.
  • Scrubs operates under four key business segments: (1) mobile fleet sales, (2) group business, (3) hospital roll ins and (4) brick & mortar.
  • With 21 mobile sales teams, 3 brick and mortar locations, a hospital roll in team and a group sales division operating out of the headquarters in Elkhart, Scrubs has the product offerings and ability to service a diverse variety of clients throughout the U.S.
  • The owners of Scrubs sought a liquidity event and an acquisition partner that would continue to drive growth within the company’s niche healthcare apparel market.
  • The ownership engaged Nolan in the fourth quarter of 2019 to sell the business to a strategic buyer or private equity investor.
  • Nolan helped Scrubs navigate the pandemic and ultimately delivered an exit partner that could help facilitate rapid growth while continuing the company’s legacy from a product, operational, and cultural perspective.

What Value Did Nolan Deliver?

  • Nolan’s sale process delivered Birch Swing Capital (BSC), a family office that makes growth and buyout investments in companies with enduring business models and strong management teams.
  • BSC has a particular interest in the consumer products, niche manufacturing and business services sectors, spaces where they can add operational value, partnering with management for the next phase of growth.

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