Viemed Healthcare Acquires Lehan Drugs for $26 Million
Viemed Healthcare, Inc. announced on May 6 that it entered into an agreement to acquire Lehan Drugs, Inc. Lehan is being acquired for a base purchase price of $26 million, subject to customary net working capital adjustments and an estimated $2.2 million of contingent payments. Lehan Drugs is a provider of durable medical equipment with six locations: five in Illinois and one in Wisconsin. Its products include sleep apnea machines, mobility aides and breast pumps. According to the original deal press release from May 6, 2025, Lehan generated net revenues of approximately $25.7 million and Adjusted EBITDA of approximately $7.4 million in 2024. Viemed Healthcare is a... Read More »
Deal of the Week: HomeCentris Healthcare Announces Acquisition of Family First Home Healthcare
HomeCentris Healthcare, LLC announced that it has completed the acquisition of Family First Home Healthcare. The acquisition closed on April 3, 2025, and HomeCentris has begun integrating Family First’s staff and operations into its network of regional care providers. Family First Home Healthcare is a home care agency serving clients in Philadelphia, Pennsylvania. Family First provides non-medical personal care services to Medicaid and private pay clients. Founded in 2000, HomeCentris Healthcare is an independent home and community-based care organization headquartered in Owings Mills, Maryland. The company provides its services to private pay clients, Medicaid waiver clients,... Read More »
Waud Capital Partners Adds MedTec Healthcare to Newly Formed Altocare
Waud Capital Partners has announced the acquisition of MedTec Healthcare, a provider of in-home care and adult day services. This acquisition represents a significant milestone in Waud Capital’s strategy to build a platform in home-based care services through its newly formed holding company, Altocare. MedTec Healthcare provides culturally and linguistically tailored in-home care services designed to help clients maintain their independence. The company also operates adult day centers offering transportation, meals and engaging activities for seniors. Waud Capital Partners is a private equity firm that partners with management teams to acquire or create platforms in the lower middle... Read More »
PE-Backed Avid Health at Home Acquires 2 Home Care Providers
Havencrest Capital Management, a Dallas-based healthcare private equity firm, has announced its sixth and seventh acquisitions under its Avid Health at Home platform: Home Care Angels (HCA) and Private Duty Home Healthcare (PDHH). HCA is a leading provider of at-home personal care services in Illinois. The company is based in Des Plaines, Illinois. PDHH is a Michigan-based provider of personal care services and private duty nursing. Avid Health at Home is a multi-state home care provider serving individuals of all ages who are frail, disabled and in need of assistance. Avid Health at Home was formed by Havencrest Capital Management through its acquisition of For Papa’s Sake Home Care in... Read More »
