Tag: Great Elm Capital Group
GEC reports growth
November 14, 2018HME News Staff
WALTHAM, Mass. - Great Elm Capital Group has reported Valley Health Group (VHG) and Northwest Medical (NWM) generated EBITDA of $14.1 million for the period ending Sept. 30, 2018, a growth rate of 9.3% as of June 30, 2018. For the 12 months ended Sept. 30, 2018, VHG and NWM would have generated $47.7 million in revenue, representing 1.3% growth over the last 12 months ended June 30, 2018. GEC, which acquired an 80% interest in VHG and NWM for $63.6 million earlier this year, stated that it is focused...
Valley Healthcare fuels growth with acquisition
September 21, 2018Theresa Flaherty, Managing Editor
MESA, Ariz. - Valley Healthcare's growth plans got a big boost recently when it partnered with Great Elm Capital Group to acquire Portland, Ore.-based Northwest Medical.
“We've held out longer than most companies our size, but it was the right opportunity with someone who is equally as motivated as we are to continue to grow and grow stronger,” said Ron Evans, co-founder and CEO of Valley Healthcare. “They are very respiratory focused, very patient focused. To me, that's...
Holding company combines Valley Healthcare, Northwest Medical
September 11, 2018HME News Staff
RENO, Nev. - Great Elm Capital Group has partnered with Mesa, Ariz.-based Valley Healthcare Group to acquire Portland, Ore.-based Northwest Medical and combine the two companies.
The deal creates a leading regional provider of sleep and respiratory equipment and services across Arizona, Nebraska, Washington, Oregon and Alaska serving about 70,000 patients annually, according to a press release.
“With Great Elm's support, we believe that we will continue to grow organically, as well...