Tag: M&A

ATLANTA – SageHome, a home modifications and aging-in-place provider, has partnered with strategic advisors Cairngorm Capital Partners to make its first acquisition: New Bath Today, an Indianapolis-based bathroom renovation specialist.  New Bath Today, which focuses on the wet area of a bathroom, a key risk area in the home for aging seniors, serves six states across the Midwest.  “We have big plans and our partnership with the team at Cairngorm Capital will allow us to...

CINCINNATI – Quipt Home Medical has acquired Good Night Medical, a business with operations across seven states, for about $7 million in cash.  The acquisition provides Quipt Home Medical with expansion opportunities into Massachusetts, North Carolina and Texas, where it doesn’t have a presence.  “Good Night Medical strengthens our healthcare network across multiple states, enhancing our national coverage sphere over an area that includes about 5 million COPD sufferers...

NEW YORK – Preferred Home Care of New York has been acquired by Help at Home, a national provider of in-home, person-centered care. Edison Home Health Care, which shares a majority owner with Preferred Home Care, has also been acquired by Help at Home. “We established Preferred Home Care of New York with a clear vision to provide the most exceptional level of care from a remarkable team of caregivers and staff,” said CEO Berry Weiss. “We’re delighted to move into the...

IRVING, Texas – Strive Medical, a portfolio company of NMS Capital, has acquired the urology division of United States Medical Supply, strengthening its national footprint.  Strive Medical is a specialty provider of urology, wound care and other disposable medical supplies that has contracts with more than 24 state Medicaid programs and more than 5,000 private insurance plans.  “This transaction marks an important step in advancing Strive’s commitment to investing...

CLEVELAND – Medical Service Company has acquired Ascension St. Vincent’s Medical Equipment, a full-service DME provider located in Evansville, Ind.  “As part of this exciting acquisition, MSC has expanded its partnership with Ascension from Central Indiana now down to Evansville,” the company stated in an announcement. “We are also thrilled to welcome the new team members joining the MSC family. We look forward to offering our industry-leading chronic care solutions...

WEST PLAINS, Mo. – Ozarks Healthcare recently acquired Bradford Pharmacy in West Plains, Mo., according to Ozark Radio News. Katie Mahan, director of Ozarks Healthcare Pharmacy, told the radio station that the company needed more space. Bradford Pharmacy, founded in 1996, has transitioned to Ozark Healthcare Pharmacy. Ozark Healthcare is a health system that comprises a 114-bed acute care hospital, as well as family medicine and specialty clinics, and offers rehabilitation and home care services....

YARMOUTH, Maine – A handful of recently announced deals underscores the continued appetite for home infusion companies propelled by the COVID-19 pandemic, say M&A analysts.  Option Care Health recently announced it acquired Wasatch Infusion and entered into an agreement to acquire Specialty Pharmacy Nursing Network.  “Option Care has been doing deals for 20 years and I don’t think that’s going to stop – they continue to fill out their geographic...

CHARLOTTE, N.C. – Ridgemont Equity Partners, a buyout and growth equity investor, has acquired American Outcomes Management, a specialty infusion provider focused on intravenous immunoglobulin (IVIG) therapy. AOM provides home-based IVIG therapy to patients with more than 80 different chronic conditions. “Specialty infusion services have been a focus area for Ridgemont for many years,” said Petri Lindberg, Principal at Ridgemont. “It is a very large and growing market, driven...

FORT WORTH, Texas – Kim Harrison has joined VERTESS as financial analyst. Harrison, who got her start as an auditor at Ernst & Young, was previously a CFO in the behavioral health industry, controller for a toxicology lab and staff accountant in a professional organization for dentists. “I started my career as an auditor for Ernst & Young, working primarily with venture capital firms, and I have also held roles in the vending, hospitality and advertising industries,” she said. “I...

FORT WORTH, Texas – VERTESS has a new managing director and partner: Anna Elliott, who specializes in high-growth health care technologies like deep tech, artificial intelligence, machine learning and ambient solutions. Previously, she co-founded the boutique merger and acquisition advisory firm M&A Finders based in Pittsburgh. “Although I experienced enormous success with M&A Finders, I realized I could help my clients even further with a deep bench of support,” she said. “It...