Viemed Acquires Lehan's Medical Equipment
July 7, 2025
Viemed Healthcare, Inc. completed the acquisition of Illinois-based Lehan's Medical Equipment for a base purchase price of $26.0 million plus estimated contingent payments of $2.2 million. Lehan, a multi-location provider of home medical equipment (including CPAP rental/resupply and breast pumps), generated approximately $25.7 million of revenue and $7.4 million of Adjusted EBITDA in 2024 and will expand Viemed's geographic footprint and fulfillment capabilities in Northern Illinois.
- Buyers
- Viemed Healthcare, Inc.
- Targets
- Lehan's Medical Equipment
- Industry
- Healthcare Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Viemed Healthcare Acquires Home Medical Products, Inc.
April 18, 2023
Healthcare Services
Viemed Healthcare, a national provider of in-home respiratory care and home medical equipment, entered into a definitive agreement to acquire Tennessee-based Home Medical Products, Inc. (HMP). The transaction, expected to close in June 2023 for approximately $31.75 million (subject to customary adjustments), expands Viemed's regional footprint and complements its technology-enabled post-acute respiratory services.
-
Brixey & Meyer Capital Invests in MasVida Health Care Solutions
February 21, 2023
Healthcare Services
Brixey & Meyer Capital completed a majority recapitalization/growth investment in MasVida Health Care Solutions, a Texas-based provider of durable medical equipment, oxygen equipment and consumable medical products to post-acute skilled nursing facilities. Harvey & Company advised on the transaction and noted it as its 100th platform deal as the firm celebrates its 25th year.
-
PAI Partners Acquires 67% Stake in VAMED's European Rehabilitation Business from Fresenius
May 2, 2024
Healthcare Services
PAI Partners will acquire a 67% stake in VAMED's pan‑European rehabilitation business from Fresenius, with Fresenius retaining a 33% stake. The carved‑out business operates 67 clinics across multiple European countries, employs around 10,000 staff and will operate as a standalone rehabilitation platform focused on operational excellence and further investment.
-
SunMed Acquires Vyaire Medical's Respiratory & Anesthesia Consumables Business
March 28, 2023
Medical Devices
SunMed, a Frazier Healthcare Partners–backed medical-device manufacturer headquartered in Grand Rapids, Michigan, agreed to acquire Vyaire Medical’s respiratory and anesthesia consumables business, a unit that makes airway management and operative-care consumables. The deal—announced March 28, 2023 and completed May 1, 2023—expands SunMed’s product portfolio, manufacturing footprint and global reach; terms were not disclosed.
-
Siemens Healthineers to Acquire Varian Medical Systems
August 2, 2020
Medical Devices
Siemens Healthineers AG has agreed to acquire all shares of Varian Medical Systems, Inc. for USD 177.50 per share, valuing the deal at approximately USD 16.4 billion. The transaction, which aims to create an integrated cancer-care portfolio, is expected to close in H1 2021 subject to Varian shareholder and regulatory approvals.
-
Kele, Inc. Acquires Lesman Instrument Company
January 8, 2021
Industrial Services
Kele, Inc., a portfolio company of The Stephens Group, acquired Lesman Instrument Company, a Bensenville, Illinois-based specialty distributor of temperature, pressure, level and flow instrumentation. The acquisition (terms undisclosed) will expand Kele's capabilities in the process automation market while Lesman's president and management team will remain in place.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.