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Deal watch: AeroCare, Rotech

Deal watch: AeroCare, Rotech

ORLANDO, Fla. - AeroCare has acquired Plant City, Fla.-based Matrix Medical, a provider of home medical equipment, supplies and respiratory equipment with nine locations throughout Florida.

Terms of the deal were not disclosed.

"We're looking forward to working with them to pursue opportunities and to care for our patients," AeroCare founder and CEO Steve Griggs said in a local news article.

In late December, a planned merger between AeroCare and MergeWorthRx fell through.

Rotech strikes again

ORLANDO, Fla. -Rotech has made its second acquisition in as many months: the respiratory equipment assets of a company in Natchitoches, La.

The name of the company was not disclosed.

“This purchase is another step in Rotech's aggressive expansion plan,” stated Tim Pigg, CEO, in a press release. “We will be continuing to further leverage and expand our presence in existing and new markets with the support of our long-term oriented investors.”

In December, Rotech acquired the assets of a specialty medical services provider in Cody, Wyo.


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