Viemed Healthcare Acquires Home Medical Products, Inc.

Viemed Acquires Lehan's Medical Equipment

July 7, 2025

Healthcare Services

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.

Home Care Delivered Acquires United Medical Providers

May 10, 2022

Healthcare Services

Home Care Delivered, a Richmond, Virginia-based provider of insurance-covered medical supplies, has acquired United Medical Providers, a Louisiana-based urological supplies distributor. The acquisition expands HCD's urology capabilities and customer reach, adding UMP's regional relationships and approximately 2,500 urology customers across 17 states to HCD's national distribution and payer network.

Grant Avenue Capital Acquires Performance Home Medical

March 15, 2024

Healthcare Services

Grant Avenue Capital, a healthcare-focused private equity firm, has acquired Performance Home Medical (PHM), a regional provider of home respiratory and sleep therapy services headquartered in Kent, Washington. PHM operates 24 locations across Washington, Oregon and Idaho and plans to use the investment to expand geographically and grow both organically and via selective acquisitions; industry veteran Larry Mastrovich has joined PHM's board as chairman.

Advent Home Medical Acquires Med Emporium

May 23, 2023

Healthcare Services

Advent Home Medical, a portfolio company of New Harbor Capital, has completed the acquisition of Charlotte-based Med Emporium, a regional provider of specialty respiratory care and home respiratory equipment. The add-on expands Advent's footprint across North Carolina, South Carolina, Georgia and Virginia and strengthens its capabilities in non-invasive ventilation and complex home respiratory care.

Quipt Home Medical Acquires Access Respiratory Homecare

June 21, 2022

Healthcare Services

Quipt Home Medical Corp. (Quipt) acquired Access Respiratory Homecare, LLC, adding two Louisiana locations and approximately $6.5 million in annualized revenue and an expected $1.3 million of adjusted EBITDA post-integration. The deal expands Quipt’s service footprint into Louisiana (New Orleans and Lafayette), increases its active patient base and referring physician network, and brings a management team with specialized respiratory capabilities and insurance contracts.

Home Care Delivered Acquires Medline's DMEPOS Supplier Business Unit

October 16, 2023

Healthcare Services

Home Care Delivered, Inc. (HCD) has completed the acquisition of Medline Industries, LP's DMEPOS supplier business unit. The strategic asset purchase expands HCD's market presence, geographic footprint and access to patients, healthcare plans and providers while allowing Medline to focus on its core manufacturing and distribution operations.