Emory & Co. acted as the exclusive financial advisor to Home Care Medical, Inc. in its sale to Aerocare.
Home Care Medical, founded in 1974, provides a spectrum of home medical equipment and supplies within a 13-county service area in Wisconsin and has a long-standing commitment to quality care and services. The Company is a comprehensive home care provider of respiratory care and other home medical equipment, nutrition, bracing, compression and other home care and medical supplies, and rehab technology (i.e., advanced seating and mobility care). This includes the sale and rental of durable medical equipment (DME).
“The industry is consolidating as a result of national competitive bidding. This transaction allows Home Care Medical to benefit from economies of scale while continuing to focus on patient care,” said John Emory Jr., President of Emory & Co.
Taylor Kotke, Vice President with Emory & Co., added “This transaction made a lot of sense from all angles. We were able to provide the owners with liquidity and the ability to focus their attention on their core operations. The transaction helped facilitate the buyer’s entry into the Wisconsin market with an established, top-level provider and gain continued economies of scale.”
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