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Announced

Halifax-backed PromptCare to acquire Hollywood Medical Supply.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Health Care Services

Friendly

Health Care Supplies

Medical Equipment

Acquisition

Majority

Single Bidder

Pending

Private

Private Equity

Synopsis

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Halifax-backed PromptCare, a regional provider of respiratory therapy and specialty infusion services, agreed to acquire Hollywood Medical Supply, a provider of hi-tech respiratory therapy services and related medical supplies. Financial terms were not disclosed. "PromptCare's commitment to providing the highest levels of patient care made them the perfect partner to continue Hollywood's 50-year legacy of serving medically fragile patients in South Florida," Robert Lichtenstein, Hollywood Medical Supply CEO.

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