M&A Deal Summary

Quipt Home Medical Acquires Great Elm Healthcare

On January 3, 2023, Quipt Home Medical acquired healthcare services company Great Elm Healthcare from Great Elm for 80M USD

Acquisition Highlights
  • This is Quipt Home Medical’s 3rd transaction in the Healthcare Services sector.
  • This is Quipt Home Medical’s largest (disclosed) transaction.
  • This is Quipt Home Medical’s 4th transaction in the United States.
  • This is Quipt Home Medical’s 1st transaction in Arizona.

M&A Deal Summary

Date 2023-01-03
Target Great Elm Healthcare
Sector Healthcare Services
Buyer(s) Quipt Home Medical
Sellers(s) Great Elm
Deal Type Divestiture
Deal Value 80M USD

Target

Great Elm Healthcare

Mesa, Arizona, United States
Great Elm Healthcare is an operator of respiratory-related durable medical equipment service with 21 locations across eight states in the Midwest, Southwest, and Pacific Northwest. The company is focused on clinical excellence and offers a high-quality, full-service line of respiratory equipment and supplies. Great Elm Healthcare is based in Mesa, Arizona.

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Buyer(S) 1

Buyer

Quipt Home Medical

Wilder, Kentucky, United States

Category Company
Sector Healthcare Services
Revenue 222M USD (2023)
DESCRIPTION

Quipt Home Medical provides in-home monitoring and disease management services including end-to-end respiratory solutions for patients. Quipt Home Medical is based in Wilder, Kentucky.


DEAL STATS #
Overall 4 of 4
Sector (Healthcare Services) 3 of 3
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 4 of 4
Year (2023) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-21 Access Respiratory Homecare

Metairie, Louisiana, United States

Access Respiratory Homecare is a home medical equipment and retail store that has an emphasis on the treatments & therapies for Respiratory conditions such as Sleep Apnea, COPD, ALS, Asthma/Allergies. Respiratory Therapist on site. Allergy control, specialty pillows, sleep supplements, pain relief, lift chairs, scooters, and more are available in-store. Access Respiratory Homecare was formed in 2001 and is based in Metairie, Louisiana.

Buy -

Seller(S) 1

SELLER

Great Elm

Waltham, Massachusetts, United States

Category Company
Founded 1994
Sector Software
Employees328
DESCRIPTION

Great Elm is a provider of software solutions for the communications and media industries. EGreat Elm was founded in 1994 and is based in Waltham, Massachusetts


DEAL STATS #
Overall 3 of 3
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 3 of 3
State (Arizona) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-03 Sterling Commercial Credit

Brighton, Michigan, United States

Sterling Commercial Credit is a provider of asset-based loans to middle-market companies throughout the United States. Sterling Commercial Credit was founded in 2004 and is based in Brighton, Michigan.

Buy $8M