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Patient Square-backed Hanger agrees to buy Numotion, forming Hanger Numotion
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Patient Square-backed Hanger agrees to buy Numotion, forming Hanger Numotion
  • Hanger agreed to buy mobility-products provider Numotion in a cash deal, forming a combined company called Hanger Numotion.
  • Patient Square Capital will control the combined business, which will keep operating under the Hanger and Numotion brands.
  • Numotion CEO Mike Swinford is set to lead the combined company; Hanger CEO Pete Stoy will step aside.
  • The group expects to serve more than 1.5 million patients annually across the U.S. and Canada.
  • Closing is targeted for Q4 2026, subject to customary closing conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patient Square Capital LP published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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