National Seating & Mobility Acquires AdaptHealth’s Rehabilitation Technology Assets
National Seating & Mobility (NMS), a portfolio company of New York City-based private equity firm Court Square Capital Partners, announced that it acquired AdaptHealth’s complex rehabilitation technology assets. According to data captured in the LevinPro HC database, this acquisition marks the 59th Home Health & Hospice transaction of the year. AdaptHealth specializes in home medical equipment and in-home care solutions across the United States. NMS provides rehabilitation technology solutions focusing on highly customized wheelchairs for patients diagnosed with long-term or permanent loss of mobility. NMS operates through rehabilitation technician specialists who... Read More »
HouseWorks Expands Footprint in Pennsylvania With Bridge City Home Care Deal
HouseWorks announced that it has acquired the Pittsburgh-based personal care services company Bridge City Home Care. Financial terms of the deal were not disclosed. Bridge City Home Care provides non-medical in-home care services to individuals in Pittsburgh. The company offers personalized, compassionate and optimal care solutions, with a team of trained healthcare professionals. Its services include personal care and daily living assistance. Founded in 1998, HouseWorks provides in-home care services in Maine, Massachusetts, New Hampshire, New York, Pennsylvania and Tennessee. Along with traditional home care services, HouseWorks helps clients with certain home modification needs.... Read More »
Grosvenor Health and Social Care Acquires Esteem Care Holdings in Multimillion-Pound Deal
U.K.-based home care provider, Esteem Care Holdings, has been sold to Grosvenor Health and Social Care. Esteem Care Holdings provides more than 7,150 care hours weekly to 620 clients through a team of 250 care staff. With branches in Manchester, Leeds, Carlisle, Kendal, Dumfries and Stranraer, Esteem Care’s team focuses on personalized care, with the goal of eliminating loneliness, promoting good nutrition and enhancing safety at home. Grosvenor Health and Social Care is a U.K.-based provider of health and social care services intended for young adults and the elderly. The company offers personal health support, domiciliary care, homecare, as well as quick discharge services across the... Read More »
Hospice of the Western Reserve Completes Affiliation With Hospice of North Central Ohio
Hospice of the Western Reserve announced that it has completed its affiliation with Hospice of North Central Ohio (HNCO), expanding its geographic presence in Ohio. Headquartered in Ashland, Ohio, HNCO is a non-profit, community-oriented organization serving the Ashland, Crawford, Huron, Knox, Morrow, Richland and Wayne counties. Headquartered in Cleveland, Ohio, Hospice of the Western Reserve provides palliative end-of-life care, caregiver support and bereavement services throughout Northern Ohio. The organization is a subsidiary of Western Reserve Care Solutions (WRCS), a nonprofit community-based agency focused on supporting individuals with advanced chronic disease and terminal... Read More »
Owens & Minor Acquires Rotech Healthcare for $1.36 Billion
On July 23, Owens & Minor, Inc. announced that it entered into an agreement to acquire Rotech Healthcare Holdings, Inc. for $1.36 billion in cash. Given anticipated tax benefits of approximately $40 million from the transaction, the net purchase price is approximately $1.32 billion, which represents approximately a 6.3x multiple of last 12 months EBITDA, excluding synergies. Rotech is one of the largest providers of home medical equipment and related products and services in the United States, with a comprehensive offering of oxygen, other respiratory therapy equipment, wound care equipment and supplies and diabetes devices and supplies. Rotech generated approximately $750... Read More »Schedule a demo
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