AdaptHealth Corp. acquires AeroCare Holdings

AdaptHealth Corp. acquires AeroCare Holdings

by | Dec 7, 2020 1:06 pm | Home Health & Hospice

In the third deal of the year for AdaptHealth Corp. (NASDAQ: AHCO), the company has announced it has acquired AeroCare Holdings, Inc. from private equity firm SkyKnight Capital. AeroCare is a home health distribution platform, providing service and equipment to patients with chronic respiratory conditions. Its network of over 260 locations across the U.S. provides service to more than 500,000 patients and partners with more than 45,000 physicians annually. The deal is valued at $2 billion, consisting of a $1.1 billion cash payment and 31 million shares of AdaptHealth common stock. SkyKnight Capital only just bought AeroCare Holdings in October 2019 for an undisclosed sum, according to... Read More »
eHealth M&A Still Strong Despite Slow February

eHealth M&A Still Strong Despite Slow February

by | Mar 2, 2020 11:18 am | Healthcare Market Updates

Despite a slow February, eHealth M&A activity remained busy throughout the month. There were 16 deals publicly announced transactions, according to our Deal Search Online database, a slight drop from the 19 disclosed in January. That’s roughly 23% of all announced transactions so far in 2020. Spending was a little lighter, however, with dollar volume just north of $382 million, compared to $1.76 billion in January. The largest deal came from Germany, where CompuGroup Medical AG (XETRA: COP) acquired parts of Cerner Corporation’s (NASDAQ: CERN) IT Healthcare portfolio for $247.6 million. The portfolio includes medico and Soarian Integrated Care, a leading health information... Read More »