Protech Home Medical Corp. (“Protech” or the “Company”) (TSXV: PTQ), (OTCQX: PTQQF), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is pleased to announce that it has acquired Mayhugh’s Medical Equipment (“MME”), a company based in Florida, reporting unaudited trailing 12-month annual revenues of approximately $7 million, Adjusted EBITDA of $1.2 million, and positive net income. MME is a leader in the respiratory home care services industry in Northern Florida and will add over 10,000 active patients to Protech’s patient population. Furthermore, MME represents Protech’s entrance into its 11th U.S. State with its 49th location.
Read the full article: Protech Enters Florida with Accretive Acquisition of Mayhugh’s Medical Equipment //
Source: https://www.globenewswire.com/news-release/2021/02/02/2168093/0/en/Protech-Enters-Florida-With-Accretive-Acquisition-of-Mayhugh-s-Medical-Equipment.html