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AdaptHealth, AeroCare deal to 'accelerate' growth

December 3, 2020Theresa Flaherty, Managing Editor

PLYMOUTH MEETING, Pa. - After operating on parallel acquisition tracks for the past few years, AdaptHealth will acquire AeroCare Holdings for $1.1 billion in cash and 31 million shares, for a total purchase price of about $2 billion, in the biggest deal in HME in years. Both companies have made acquisitions a cornerstone of their growth plans: Since 2017, AdaptHealth has closed 64 transactions; AeroCare has closed 50. Since its inception, AeroCare has closed a total of 155 transactions, building...

AdaptHealth, AeroCare Holdings, Allina Health, New England Home Medical Equipment, Pinnacle Medical