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Protech Home Medical expands into Florida with acquisition

February 3, 2021HME News Staff

CINCINNATI – Protech Home Medical has acquired Mayhugh’s Medical Equipment in Jacksonville, Fla., for $5.8 million. MME, which has trailing 12-month annual revenues of $7 million and adjusted EBIDTA of $1.2 million, is a respiratory focused provider with more than 10,000 active patients, including 5,000 that Protech can immediately add to its resupply program. The deal marks Protech’s first foray into Florida. “MME’s heavily weighted...

Mayhugh's Medical Equipment, Protech Home Medical