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ResMed gets 'one-two punch' with Brightree

February 26, 2016Liz Beaulieu, Editor

SAN DIEGO - Some may think the price tag too high and the pairing unexpected, but ResMed officials say the company's plan to acquire Atlanta-based Brightree makes all the sense in the world.ResMed announced Feb. 22 that it plans to buy Brightree, a provider of cloud-based business management and clinical software applications to HME companies and home health and hospice agencies, for $800 million, in a cash deal representing a multiple of 18.8x EBITDA, or 13.5x EBITDA with a planned tax benefit of...

Battery Ventures, Brightree, ResMed

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