M&A Deal Summary

MasVida Health Acquires Joerns Healthcare - Rental Service Network

On February 27, 2024, MasVida Health acquired healthcare services company Joerns Healthcare - Rental Service Network from Joerns Healthcare

Acquisition Highlights
  • This is MasVida Health’s 1st transaction in the Healthcare Services sector.
  • This is MasVida Health’s 1st transaction in the United States.
  • This is MasVida Health’s 1st transaction in Florida.

M&A Deal Summary

Date 2024-02-27
Target Joerns Healthcare - Rental Service Network
Sector Healthcare Services
Buyer(s) MasVida Health
Sellers(s) Joerns Healthcare
Deal Type Divestiture

Target

Joerns Healthcare - Rental Service Network

Florida, United States
Joerns Healthcare's rental service network of durable medical equipment rental solutions in Florida, Georgia, Louisiana, Oklahoma, and Texas.

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Buyer(S) 1

Buyer

MasVida Health

Fort Worth, Texas, United States

website


Category Company
Sector Medical Products
DESCRIPTION

MasVida is a provider of durable medical equipment, oxygen equipment and services, and consumable medical products to post-acute skilled nursing facilities. MasVida was the largest provider of DME solutions to skilled nursing facilities in serving over 800 skilled nursing facilities throughout the state. MasVida is HQAA accredited and has delivered quality equipment and products to its customers. MasVida Health is based in Fort Worth, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Joerns Healthcare

Charlotte, North Carolina, United States

website


Category Company
Founded 1889
Sector Medical Products
DESCRIPTION

Joerns Healthcare is a manufacturer of equipment and provider of wound therapy solutions for the care and handling of patients in post-acute healthcare settings. Joerns Healthcare is based in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-09 RecoverCare

Louisville, Kentucky, United States

RecoverCare, LLC is a Provider of specialty low air loss mattress and overlays, preventative foam and gel products, hospital beds and patient transfer systems to acute care hospitals, nursing homes, and other providers of wound care and bariatric services.

Buy -