M&A Deal Summary

Owens & Minor Acquires Apria

On January 10, 2022, Owens & Minor acquired healthcare services company Apria for 1.6B USD

Acquisition Highlights
  • This is Owens & Minor’s 2nd transaction in the Healthcare Services sector.
  • This is Owens & Minor’s largest (disclosed) transaction.
  • This is Owens & Minor’s 6th transaction in the United States.
  • This is Owens & Minor’s 1st transaction in Indiana.

M&A Deal Summary
Date 2022-01-10
Target Apria
Sector Healthcare Services
Buyer(s) Owens & Minor
Deal Type Add-on Acquisition
Deal Value 1.6B USD
Advisor(s) Goldman Sachs
Citigroup Investment Banking (Financial)
Simpson Thacher & Bartlett (Legal)

Target

Apria

Indianapolis, Indiana, United States
Apria is a provider of integrated home healthcare equipment and related services in the United States. The company offers a comprehensive range of products and services for in-home care and delivery across three core service lines: home respiratory therapy (including home oxygen and non-invasive ventilation (“NIV”) services), obstructive sleep apnea (“OSA”) treatment (including continuous positive airway pressure (“CPAP”) and bi-level positive airway pressure devices, and patient support services), and negative pressure wound therapy (“NPWT”). Additionally, it supplies a wide range of home medical equipment and other products and services to help improve the quality of life for patients with home care needs. Apria was formed in 1924 and is based in Lake Forest, California.

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Buyer(S) 1

Buyer

Owens & Minor

Mechanicsville, Virginia, United States
Category Company
Founded 1882
Sector Distribution
Employees20,000
Revenue 10.3B USD (2023)
DESCRIPTION
Entrance to Owens & Minor's corporate headquarters in Mechanicsville, Virginia.
Entrance to Owens & Minor's corporate headquarters in Mechanicsville, Virginia.

Owens & Minor is a healthcare logistics company that connects the world of medical products to the point of care. Owens & Minor provides supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products, supplies and devices. Owens & Minor was founded in 1882 and is based in Richmond, Virginia.

DEAL STATS #
Overall 8 of 9
Sector (Healthcare Services) 2 of 2
Type (Add-on Acquisition) 5 of 6
State (Indiana) 1 of 1
Country (United States) 6 of 7
Year (2022) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-02 Byram Healthcare Centers

White Plains, New York, United States

Byram Healthcare Centers, Inc. is a domestic distributor of medical supplies sold directly to patients and home health agencies. Byram Healthcare Centers, Inc. was established in 1968 and is headquartered in White Plains, New York.

Buy $380M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-23 Rotech

Orlando, Florida, United States

Rotech provides ventilators, oxygen, sleep apnea treatment, wound care solutions, diabetes management, and home medical equipment products and services in 46 states through approximately 325 operating locations. Rotech is based in Orlando, Florida.

Buy $1.4B
Mergr

Product

Company

Legal