Skip to Content

Tag: Mergers & Acquisitions (M&A)


Providers

Home Oxygen Company positions for growth 

July 17, 2024Theresa Flaherty, Managing Editor

MODESTO, Calif. – Home Oxygen Company’s recent acquisition of the DME division of a local hospice provider will boost its patient census in California’s Central Valley and position it to grow into 2025, says CEO Andrea Ewert.  Home Oxygen Company in June announced it had finalized a deal to acquire the DME business from Modesto, Calif.-based Community Hospice & Health Services, a company that it already had a good working relationship with, says Ewert.  “We...

Andrea Ewert, Home Oxygen Company, Hospice, Mergers & Acquisitions (M&A)


Read Full Articlered right arrow icon

Specialty Providers

Access Infusion buys Big Sky I.V. Care 

July 15, 2024HME News Staff

CHICAGO – Access Infusion Care, a portfolio company of Chicago-based New Harbor Capital, has completed its acquisition of Big Sky I.V. Care, a provider of home and specialty infusion services in Kalispell, Mont.  This marks Access Infusion Care’s first add-on deal as part of New Harbor and is a key part of its broader strategy to partner with high-quality infusion providers in underserved areas with diversified therapy offerings and delivery settings, and outsized growth potential.  “We...

Access Infusion Care, Big Sky I.V. Care, Mergers & Acquisitions (M&A), New Harbor Capital, Private Equity


Read Full Articlered right arrow icon

Max Younger

Vendors

Mobility Designed to reach ‘new level’ as part of Drive  

July 12, 2024Liz Beaulieu, Editor

PORT WASHINGTON, N.Y. – Mobility Designed’s portfolio of products will be in good hands at Drive DeVilbiss Healthcare, thanks to the company’s expertise in global manufacturing and supply chain, says Max Younger.  DDH announced in June that it had acquired MD’s portfolio of products, including its flagship product, the M+D Comfort Crutch, and named Younger, its co-founder and chief of innovation, as its senior director of industrial design and innovation.  “Innovation...

Drive DeVilbiss Healthcare, Mergers & Acquisitions (M&A), Mobility Designed


Read Full Articlered right arrow icon

Vendors

Drive DeVilbiss buys Mobility Designed's portfolio

June 25, 2024HME News Staff

PORT WASHINGTON, N.Y. - Drive DeVilbiss Healthcare has acquired Mobility Designed’s full portfolio of products, including the company’s flagship product, the M+D Comfort Crutch.   As part of the acquisition, Mobility Designed’s co-founder and chief innovation officer, Max Younger, will join DDH as senior director of industrial design and innovation.  “I am incredibly excited to join Drive DeVilbiss Healthcare,” said Younger. “This opportunity...

Drive DeVilbiss Healthcare, M+D Comfort Crutch, Mergers & Acquisitions (M&A), Mobility Designs


Read Full Articlered right arrow icon

Brad Smith

Also Noted

Vertess partner recognized for deal

June 10, 2024HME News Staff

FORT WORTH, Texas – Vertess has announced that Bradley Smith, managing director/partner, has been recognized as an M&A advisor for one of Axial’s Top 8 Deals of 2023. Axial, a private deal network serving professionals who own, advise and invest in North American companies, named Smith’s deal a top transaction across the health care industry last year. He provided sell side representation for a medical device manufacturer in a transaction that took 12 months from signing to closing...

Brad Smith, Mergers & Acquisitions (M&A), Vertess


Read Full Articlered right arrow icon

Providers

SoCal companies look to ‘make waves’ 

June 7, 2024Tracy Orzel

TUSTIN, Calif. – SG Homecare's acquisition of Western Drug Medical Supply will merge the two companies into a new entity, combining their strengths and enhancing their presence in the Southern California market.  Combined, the companies have more than $150 million in annual revenue, 28 locations, more than 500 employees, and offer a full range of DME.  “We're going through a full-scale integration right now from how we purchase to how we deliver,” said Jay...

Mergers & Acquisitions (M&A), SG Homecare, Western Drug


Read Full Articlered right arrow icon

PromptCare: ‘Stay away from the fads’ 

Specialty Providers

PromptCare: ‘Stay away from the fads’ 

June 7, 2024Theresa Flaherty, Managing Editor

NEW PROVIDENCE, N.J. – PromptCare’s recent acquisition of New Orleans-based Coastal Infusion Services will give the provider a blueprint to add ambulatory infusion suites to its offerings, says CEO Paul Jardina.  While PromptCare, which offers home infusion, specialty pharmacy and complex respiratory services, has had a limited number of infusion suites for the past several years, it hasn’t been a focus, he said.  “We thought they had done a really good job...

Home Infusion, Mergers & Acquisitions (M&A), PromptCare


Read Full Articlered right arrow icon

Vendors

Sunrise Medical switches investor hands 

June 5, 2024HME News Staff

MALSCH, Germany – Private equity investor Nordic Capital has entered into an agreement to sell Sunrise Medical to Platinum Equity.  Nordic Capital says following its acquisition of Sunrise Medical in 2015, the company’s revenue has almost doubled from EUR 364 million to EUR 636 million in fiscal year 2022-23 and its profitability has improved. The company’s number of employees has grown from 2,000 to more than 2,800 worldwide.  “Nordic Capital's deep sector...

Mergers & Acquisitions (M&A), Nordic Capital, Platinum Equity, Private Equity, Sunrise Medical


Read Full Articlered right arrow icon

Paragon Ventures enjoys front seat to industry change

Providers

Paragon Ventures enjoys front seat to industry change

May 24, 2024Theresa Flaherty, Managing Editor

NEWTOWN, Pa. – Even after three decades in mergers and acquisitions, Jonathan Sadock and Marc Rose of Paragon Ventures still get excited to see how HME companies are evolving.  “We have the benefit of having so much experience with seeing so many companies and how they – and the HME sector – have evolved to what it is today,” said Sadock, CEO and managing partner at Paragon Ventures.  Paragon, which launched in 1994, has successfully completed more...

Home Medical Equipment (HME), Jonathan Sadock, Marc Rose, Mergers & Acquisitions (M&A), Paragon Ventures


Read Full Articlered right arrow icon

Also Noted

Balance Point Capital backs SG Homecare acquisition 

May 21, 2024HME News Staff

WESTPORT, Conn. – Balance Point Capital, an alternative investment manager focused on the lower-middle market, has announced its investment in SG Homecare. Balance Point, in conjunction with affiliate funds Balance Point Capital Partners V and Balance Point Capital Partners VI, arranged debt financing to support SG Homecare’s recent acquisition of Western Drug, retire existing debt and provide capital for future working capital needs. “Balance Point is excited to support SG’s...

Balance Point Capital, Investment, Mergers & Acquisitions (M&A), SG Homecare


Read Full Articlered right arrow icon