The combined platform completed 39 acquisitions during Audax' ownership and has established a dominant market position through aggressive consolidation. In July 2025, Numotion announced a merger with Motion, the company's largest deal to date, which was finalized in September 2025 and represents Numotion's first expansion into the Canadian market with 46 locations across five provinces. AEA Investors, a New York-based middle market private equity firm, became Numotion's owner following the transaction's close in 2025.
Cyborg Score Rationale
Numotion serves over 250,000 customers across 140 locations and more than 2,500 employees. The company commands a leading market position in complex rehab technology with demonstrated capacity for large-scale M&A integration, validated by its Motion acquisition and 39 prior acquisitions. Numotion generates yearly revenue close to $662.6M, reflecting substantial scale, though growth dynamics and profitability trends remain unverified.
Top Insights
As the nation's leading provider of Complex Rehab Technology, Numotion holds a defensible competitive position in a specialized, medically regulated market with high switching costs and insurance reimbursement dynamics.
The July 2025 merger announcement with Motion and September 2025 finalization marks Numotion's strategic entry into Canada with 46 locations, signaling geographic diversification beyond the US and expansion into adjacent North American markets.
The platform completed 39 acquisitions during Audax' ownership, expanding its service base into urology and developing a complete national footprint, demonstrating strong M&A execution and cross-selling capability across product lines.
In March 2025, a customer data breach prompted an investigation by law firm Edelson Lechtzin, highlighting operational and compliance risks in managing sensitive patient data at scale.
Named Competitors
Permobil — Complex rehab and mobility solutions provider
WHILL — Powered wheelchair and mobility device manufacturer
National Seating & Mobility — Complex rehab and mobility equipment supplier
Ottobock — Prosthetics, orthotics, and mobility solutions
Karman Healthcare — Wheelchair and mobility equipment manufacturer
Recent Developments
(March 2025) Customer data breach investigation launched by Edelson Lechtzin
(September 2025) Completed merger with Motion, expanding into Canadian market with 46 locations across five provinces
(January 2026) Employee count reported at 2,019 as of mid-January
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