Palladium Equity Partners to Acquire Majority Stake in DME Express, Enhancing Hospice Services
On March 20, 2026, Palladium Equity Partners, LLC announced its agreement to acquire a majority stake in DME Express, a significant player in the durable medical equipment sector catering to hospice providers across the United States. This move marks Palladium's second venture into the hospice industry, building on its existing portfolio with a focus on enhancing healthcare services.
DME Express, founded over a decade ago, has made a name for itself by providing essential medical equipment, including beds, respiratory devices, and mobility aids, crucial for hospice care. The company operates in nine states, supported by a network of over 70 warehouse locations, ensuring timely delivery of products to meet the needs of their customers. Their service model, based on recurring per-patient-day contracts, has positioned them as a reliable partner for hospices.
The leadership team at DME Express, headed by CEO Mark Borneleit, remains committed to steering the company through its next growth phase in partnership with Palladium. Borneleit expressed enthusiasm about working with Palladium, citing their experience and understanding of the hospice industry as pivotal for scaling their operations effectively. He emphasized their collective goals to broaden their geographic presence, improve service capabilities, and pursue strategic acquisitions to further benefit hospice providers and patients alike.
Palladium's Head of Services, Rafa Ortiz, highlighted the promising dynamics in the healthcare services segment, particularly given the demographic trends favoring hospice care. Daniel Ilundain, President of Palladium, echoed this sentiment, stating that DME Express's unique service model and established relationships could propel the company toward sustained growth.
WayPoint Capital Partners, the current majority equity holder, will retain a minority interest in DME Express after the transaction is completed. Philip Edmunds, a Managing Partner at WayPoint, expressed pride in the progress made during their stewardship of DME Express and voiced confidence in Palladium’s capabilities to further expand the company's market position.
This acquisition not only exemplifies Palladium’s strategic approach to investing in industries with growth potential but also reflects their commitment to delivering improved healthcare solutions.
DME Express was founded to address the high-quality equipment and service needs of hospice and nursing facilities, underpinned by the founders’ extensive industry experience. Their dedication to operational excellence, coupled with proprietary technology and excellent customer service, positions them as a strong contender in the healthcare services arena.
As Palladium Equity Partners continues to strengthen its investment portfolio in healthcare, DME Express stands out as a promising opportunity to enhance hospice care services across the United States. The anticipated closing of this investment will be subject to standard transaction conditions, paving the way for further developments in the company’s growth journey.
For more information, visit www.dmeexpress.com and www.palladiumequity.com.
DME Express, founded over a decade ago, has made a name for itself by providing essential medical equipment, including beds, respiratory devices, and mobility aids, crucial for hospice care. The company operates in nine states, supported by a network of over 70 warehouse locations, ensuring timely delivery of products to meet the needs of their customers. Their service model, based on recurring per-patient-day contracts, has positioned them as a reliable partner for hospices.
The leadership team at DME Express, headed by CEO Mark Borneleit, remains committed to steering the company through its next growth phase in partnership with Palladium. Borneleit expressed enthusiasm about working with Palladium, citing their experience and understanding of the hospice industry as pivotal for scaling their operations effectively. He emphasized their collective goals to broaden their geographic presence, improve service capabilities, and pursue strategic acquisitions to further benefit hospice providers and patients alike.
Palladium's Head of Services, Rafa Ortiz, highlighted the promising dynamics in the healthcare services segment, particularly given the demographic trends favoring hospice care. Daniel Ilundain, President of Palladium, echoed this sentiment, stating that DME Express's unique service model and established relationships could propel the company toward sustained growth.
WayPoint Capital Partners, the current majority equity holder, will retain a minority interest in DME Express after the transaction is completed. Philip Edmunds, a Managing Partner at WayPoint, expressed pride in the progress made during their stewardship of DME Express and voiced confidence in Palladium’s capabilities to further expand the company's market position.
This acquisition not only exemplifies Palladium’s strategic approach to investing in industries with growth potential but also reflects their commitment to delivering improved healthcare solutions.
DME Express was founded to address the high-quality equipment and service needs of hospice and nursing facilities, underpinned by the founders’ extensive industry experience. Their dedication to operational excellence, coupled with proprietary technology and excellent customer service, positions them as a strong contender in the healthcare services arena.
As Palladium Equity Partners continues to strengthen its investment portfolio in healthcare, DME Express stands out as a promising opportunity to enhance hospice care services across the United States. The anticipated closing of this investment will be subject to standard transaction conditions, paving the way for further developments in the company’s growth journey.
For more information, visit www.dmeexpress.com and www.palladiumequity.com.
Topics Financial Services & Investing）
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