Quipt Announces Multi-State Acquisition Adding Approximately $9M in Annualized Revenues

Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSX:QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, is very pleased to announce that it has acquired a business with operations in Mississippi, Texas and Louisiana reporting unaudited annual revenues (12 months ending June 30, 2023) of approximately $9 million ‎with anticipated Adjusted EBITDA (defined below) of $2 million post integration. The acquisition adds scale with ten locations across three states, 17,500 active patients, 1,900 unique referring physicians, important insurance contracts, and decades of operating experience in the markets served.

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Source: https://www.einpresswire.com/article/654991821/quipt-announces-multi-state-acquisition-adding-approximately-9-million-in-annualized-revenues-and-anticipated-2-million-in-adjusted-ebitda-post

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