In January 2023, Quipt Home Medical Corp., a U.S.-based respiratory care equipment provider, took a significant step towards national expansion by acquiring Great Elm Healthcare, LLC, a division of Great Elm Group, Inc., for a reported $80 million. Great Elm operates a complete line of respiratory related durable medical equipment service locations across eight states in the Midwest, Southwest and Pacific Northwest.
HME / DME EBITDA Multiples
With $60 million revenue and $13 million EBITDA over the last twelve months ended August 31, 2022, the deal implies multiples of 1.3x revenue and 6.0x EBITDA. The EBITDA multiple is on the low end of other HME / DME deals of similar size.
Other Healthcare Distribution and Equipment Services Deals
Read Scope Research's take on other healthcare distribution and equipment services M&A transactions:
About Scope Research
The Scope Research Healthcare M&A Valuation Database currently has financial details for 54 home medical equipment (HME / DME) deals going back to 2010, 36 of which include reported EBITDA multiples. The home medical equipment data can be purchased individually, while our affordable annual subscriptions provide access to all of our healthcare M&A databases and segments, updated continuously.
Don't hesitate to reach out to Will Hamilton at will@scoperesearch.co with questions about your specific situation.