Viemed’s plan to buy Lehan’s Medical Equipment for $26 million provides a “strong beachhead” to grow in the Chicago area, says CEO Casey Hoyt. Viemed announced May 6 that it had entered into an agreement to acquire the Dekalb, Ill.-based provider, which has six locations in the northern Illinois and west Chicagoland areas, including one in Wisconsin. “Historically, we’ve had a tough time breaking into the Chicago market,” said Hoyt on a recent call to discuss the company’s first quarter earnings. “We believe this strong beachhead and this exceptional platform opens up a key market with significant embedded growth.”
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Source: https://www.hmenews.com/article/viemed-readies-to-crack-tough-chicago-market