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Katie Ossman

Investment Memo: GMLx Acquisition

v2 - Final

Template: GMLx (Dec 2025)

Outline

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Sources

12 documents cited

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WATER STREET HEALTHCARE PARTNERS

Recommendation for Investment

I. TEAM

Rob Womsley, Managing Partner

Katie Ossman, Partner

Jeremy Champine, Vice President

Patricia Calderón, Associate

Camille Farhat, Executive Advisor

II. EXECUTIVE SUMMARY

Water Street Healthcare Partners is seeking approval to commit approximately $55.6 million to acquire GMLx, a leading provider of orthopedic distribution services in the Southeast United States.

The Company represents an attractive investment opportunity due to its strong market position, diversified customer base, and significant organic growth potential through geographic expansion and service line additions.

Source: GMLx CIM, Section 2

III. VALUE CREATION OPPORTUNITIES

1. Geographic Expansion: Opportunity to expand into adjacent territories including Florida, North Carolina, and Virginia.

2. Product Line Extension: Add complementary surgical products from new OEM partners.

3. Operational Improvements: Implement centralized inventory management and logistics optimization.

IV. MANAGEMENT ASSESSMENT

Management team analysis in progress. Evaluating leadership capabilities, retention plans, and organizational structure...