Short takes: AeroCare, ResMed

Tuesday, December 11, 2018

Orlando, Fla.-based AeroCare, a private equity backed provider of home respiratory therapy products and services, is gearing up for a sale process, according to Buyouts Insider. Triple Tree has been engaged to advise the provider, Buyouts reports, citing three sources. AeroCare, led by former Rotech president Steve Griggs, has been a major consolidator in the HME industry since forming in 2003…San Diego-based ResMed has been named one of America’s top 100 corporate citizens for the third straight year by Forbes and JUST Capital, a nonprofit that analyzes and ranks companies based on how they serve the priorities of the American people. ResMed ranked No. 18 out of 890 large publicly traded companies and No. 1 out of 32 “health care equipment & services” companies. Companies were compared on issues like worker compensation and wellbeing, customer treatment, product and environmental impact, community support and job creation.