M&A Deal Summary |
|
|---|---|
| Date | 2020-12-01 |
| Target | Aerocare |
| Sector | Healthcare Services |
| Buyer(s) | AdaptHealth |
| Sellers(s) | SkyKnight Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.0B USD |
| Advisor(s) | Morgan Stanley (Financial) Goodwin Procter Brown & Fortunato (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2012 |
| Sector | Medical Products |
| Employees | 10,700 |
| Revenue | 3.3B USD (2024) |
AdaptHealth is a provider of home healthcare equipment, medical supplies to the home and related services. AdaptHealth provides a full suite of medical products and solutions designed to help patients manage chronic conditions in the home, adapt to life, and thrive. Product and services offerings include (i) sleep therapy equipment, supplies and related services (including CPAP and bi PAP services) to individuals suffering from obstructive sleep apnea, (ii) home medical equipment (HME) to patients discharged from acute care and other facilities, (iii) oxygen and related chronic therapy services in the home, and (iv) other HME medical devices and supplies on behalf of chronically ill patients with diabetes care, wound care, urological, ostomy and nutritional supply needs. AdaptHealth was founded in 2012 is based in Plymouth Meeting, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 8 |
| Sector: Healthcare Services M&A | 1 of 2 |
| Type: Add-on Acquisition M&A Deals | 4 of 6 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 6 of 8 |
| Year: 2020 M&A | 4 of 5 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-26 |
Solara Medical Supplies
Chula Vista, California, United States Solara Medical Supplies LLC is an independent distributor of continuous glucose monitors (“CGM”) in the United States and offers a comprehensive suite of direct-to-patient diabetes management supplies to patients throughout the country, including CGMs, insulin pumps and other diabetic supplies. Solara Medical Supplies was founded in 2002 and is based in Chula Vista, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-03 |
Pinnacle Medical Solutions
Southaven, Mississippi, United States Pinnacle Medical Solutions is a patient-centric provider of technology-enabled diabetes management devices, including continuous glucose monitors and insulin pumps. Driven by its patient-first mindset, Pinnacle is committed to offering the latest technology and best customer experience available. Pinnacle Medical Solutions was formed in 2006 and is based in Southaven, Mississippi. |
Buy | - |
SkyKnight Capital is a private equity firm focused on long-term investments in businesses requiring value-add strategies to achieve growth. SkyKnight will consider majority or minority investment situations and generally looks to commit $25 to $250 million per transaction. Sectors of interest include healthcare, financial services, and tech-enabled services. SkyKnight is headquartered in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Healthcare Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 2 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 2 of 3 |
| Year: 2020 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-01 |
IMA Financial
Denver, Colorado, United States IMA Financial is a diversified financial services company focused on protecting the assets of its widely varied client base through insurance and wealth management solutions. Because IMA is 100-percent employee-owned, its more than 600 associates in Colorado, Kansas, Michigan, New York and Texas are empowered to provide customized solutions for their clients’ unique needs. IMA Financial was founded in 1974 and is based in Denver, Colorado. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-06 |
NearU
Charlotte, North Carolina, United States NearU is a technology-enabled customer service platform that provides residential and light commercial HVAC services. The company is well-capitalized and seeks to grow aggressively, both organically and by acquiring or partnering with leading HVAC contractors. NearU was founded in 2018 and is based in Charlotte, North Carolina. |
Buy | - |