About This Deal

AdaptHealth Corp. acquired WeCare Medical, LLC for $34.8 million cash plus 231,866 shares of Class A common stock, a transaction completed in July 2021, structured as combination (cash and stock).

WeCare Medical, LLC operates in Home medical equipment / durable medical equipment, is based in United States. WeCare was a distributor of durable medical equipment and supplies in the United States.

Part of AdaptHealth's roll-up strategy consolidating regional home medical equipment and direct-to-patient supply providers; consideration and terms disclosed in AdaptHealth's FY2021 Form 10-K, Note 3 Acquisitions.

Deal Terms

Acquirer
AdaptHealth Corp.
Target
WeCare Medical, LLC
Value
$34.8 million cash plus 231,866 shares of Class A common stock
Date
July 2021
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
United States
Segment
Home medical equipment / durable medical equipment
Structure
Combination (cash and stock)
Closed
July 1, 2021

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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