Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), 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 recently acquired a privately held biomedical services company, with operations in the Southeastern United States, reporting unaudited trailing 12-month annual revenues of approximately $1.5 million, and $225,000 in net income. The acquisition provides Quipt a synergistic opportunity to expand into a brand-new service line of biomedical repair services for respiratory equipment including preventative maintenance.
Read the full article: Quipt Announces Strategic Acquisition of Biomedical Services Company in the Southeastern US //
Source: https://www.globenewswire.com/news-release/2021/11/17/2336253/0/en/Quipt-Announces-Strategic-Acquisition-of-Biomedical-Services-Company-in-the-Southeastern-United-States.html