Vertess closes four deals during pandemic
By HME News Staff
Updated Tue September 22, 2020
FORTH WORTH, Texas - Vertess has closed on four DME transactions in the second and third quarters, despite the challenges brought on by the COVID-19 pandemic.
“Even in the face of adversity that is 2020, I am thrilled to have helped deserving owners successfully exit their businesses, while also helping bridge the gap for these health care providers to extend their established platforms,” said Bradley Smith, managing director.
The transactions are:
- Med Inc., a Virginia-based respiratory provider, has been acquired by Rotech, a Florida-based national provider.
- The assets of Metro-Med, Inc., a California-based respiratory provider, has also been acquired by Rotech.
- Health Technology Resources, an Illinois-based provider, has been acquired by Protech Home Medical Corp., a Kentucky based publicly traded health care services company.
- Alliance Medical Supply, a Texas-based pediatric respiratory and nutritional provider, has been acquired by Pediatric Home Respiratory Service, a Minnesota-based home care provider.
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