DFB Healthcare Acquisitions completed its $1bn merger with AdaptHealth.

DFB Healthcare Acquisitions, a special purpose acquisition company sponsored by Deerfield Management and Richard Barasch, closed its $1bn merger with AdaptHealth Holdings, a provider of home medical equipment. “Luke and his team have built one of the industry’s leading HME providers through a combination of accretive capital deployment, high-touch customer engagement, and a scalable, purpose-built, technology-enabled operating model. We believe AdaptHealth will continue to occupy an increasingly distinct position in the home-based healthcare value chain as the most efficient provider in the space,” Richard Barasch, AdaptHealth Chairman.