Quipt Home Medical completed the acquisition of a 60% stake in Hart Medical Equipment for $17.4m.

Quipt Home Medical, a home medical equipment provider, completed the acquisition of a 60% stake in Hart Medical Equipment, a supplier and distributor of home medical supplies and equipment, for $17.4m. "We are excited to officially close this milestone transaction with three major health systems and welcome Hart to the Quipt family. Hart’s strong health system relationships and regional market leadership represent a powerful strategic fit. This acquisition demonstrates the scalability of our acquisition platform, while providing us with a major entry into Michigan and expanded reach across the Midwest. Looking ahead, we see a deep pipeline of additional opportunities that can be integrated onto our platform to further accelerate growth. With a stabilized revenue base, consistent Adjusted EBITDA performance, and building momentum within the business, we are confident in our ability to close the calendar year on a high note and carry strong momentum into 2026," Greg Crawford, Quipt CEO and Chairman.