Navigation Links
Dynamic Healthcare Services Acquires the operating assets of APO2, a Provider of Home Medical Equipment and Respiratory Therapy Products and Services in Hazleton, PA
Date:3/7/2013

HARRISBURG, Pa., March 7, 2013 /PRNewswire/ -- Dynamic Healthcare Services, Inc. ("DHS"), a portfolio company of GMH Ventures LLC ("GMH"), announced today that it acquired the operating assets of APO2 of Hazleton, PA on February 5, 2013. The terms of the acquisition were not disclosed.

APO2 is a full service HME (Home Medical Equipment) company providing home oxygen delivery systems, CPAP, sleep apnea products, consumer power mobility products which include scooters as well as power wheelchairs. APO2 was founded in 2004 by its President William Pavlick and has experienced significant growth during each year of operation.

APO2 has a very strong presence in the Hazleton, PA market which will be integrated with DHS's Evanko Respiratory, Inc. ("Evanko") division which was acquired in September 2012.

DHS was formed in 2000 as the parent company to Central Medical Equipment (Harrisburg) and East Suburban Medical Supply (Pittsburgh), which were originally incorporated in 1981. DHS has grown over the past decade to become a strong regional distributor and provider of home medical equipment, respiratory therapy products and services, and complex rehabilitation products and services in the western and central PA markets.  During 2012, DHS announced the acquisitions of HomeTown Oxygen, Pittsburgh LLC ("HomeTown") and Evanko, both regional distributors of home medical equipment in the Pennsylvania market. DHS has increased its staff to over 100 employees with facilities throughout Pennsylvania with the recent acquisitions.

"Acquiring APO2 immediately expands our product offerings and market penetration in Hazleton." commented Terry Luft , President and CEO of DHS.  "APO2's position in the marketplace, combined with the operations of our Evanko unit and our management experience, infrastructure and resources will allow us to continually take advantage of growth opportunities in the Hazleton area." added Luft.  

Michael Holloway , President of GMH, stated, "Acquiring APO2 continues our strategic growth and acquisition plan of market expansion in the DME/HME space under the DHS brand. GMH's capital and management support combined with DHS's well-established position in the market place is a perfect fit for APO2's added product offerings and presence in the Hazleton, PA area. We are actively seeking to acquire other companies in the home medical equipment marketplace to expand  our regional presence," finished Holloway.

About DHS:
DHS is a leading provider of home medical equipment, respiratory therapy products and services, along with complex rehabilitation products and services. Our commitment to our customers, superior products and outstanding service are what separates us from other medical suppliers and distributors.

About GMH Ventures:
GMH Ventures is a private equity group, headquartered in Newtown Square, PA. Founded by Gary M. Holloway, Sr. as a vehicle to make controlling equity investments in middle-market companies, GMH Ventures is committed to making long-term investments in companies in the manufacturing, distribution and services industries that have strong and experienced in-place management. Being solely owned, GMH Ventures has flexibility in its approach and strategy to purchasing, owning and operating its portfolio of companies and is constantly looking for new and exciting opportunities in which to invest. Learn more by visiting www.GMH-Ventures.com today.


'/>"/>
SOURCE GMH Ventures
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Dynamic Healthcare Services Names Senior Level Management Team
2. Teledyne DALSA Showcases Industrys Largest CMOS Dynamic Flat X-Ray Detector at RSNA 2012
3. Dynamic Healthcare Services Acquires HomeTown Oxygen, Pittsburgh, LLC, a Provider of Medical Equipment and Respiratory Therapy Products and Services based in Monroeville, PA
4. Dynamic Healthcare Services Acquires Evanko Respiratory Inc., a Provider of Medical Equipment and Respiratory Therapy Products and Services in Hazleton, PA
5. Sigma-Aldrich Enhances Customer Focus in China - Unveils Dynamic New Website and Expands Product Offering Through Vetec Brand
6. The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Directors of AngioDynamics Inc. in Connection with Executive Compensation
7. How to Create Dynamic Interactive Social Learning Spaces
8. CeeTox and Cellular Dynamics Collaborate to Offer Predictive In Vitro Test for Cardiotoxicity Using Human iPSC-derived Cells
9. Transonic Systems Selects Infinity Info Systems To Implement Microsoft Dynamics CRM To Drive Business Performance And Operational Excellence
10. Life Technologies and Cellular Dynamics International Partner for Global Commercialization of Novel Stem Cell Technologies
11. Cellular Dynamics Launches MyCell™ Services
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/2/2016)... MONMOUTH JUNCTION, N.J. , Dec. 2, 2016 /PRNewswire/ ... critical care immunotherapy leader commercializing its European Union approved ... in critically-ill and cardiac surgery patients worldwide, announced that ... present at the 9th Annual LD Micro Main ... 8 th , 2016 at the Luxe Sunset Boulevard ...
(Date:12/2/2016)... LYME, Conn. , Dec. 1, 2016  Today, ... has announced the honor of being selected as winners ... include: Simpson Healthcare Executives Website at the PLATINUM level, ... Conversations Training Module at the GOLD Level, and our ... At Simpson Healthcare Executives, we are excited ...
(Date:12/2/2016)... YORK , December 2, 2016 ... of its past losses following Trump,s victory early in ... potential, and fund managers are now predicting an uptick ... at four equities to see how they have fared ... CLDX ), Amicus Therapeutics Inc. (NASDAQ: ...
Breaking Medicine Technology:
(Date:12/2/2016)... ... December 02, 2016 , ... ... launch of its 60-day free trial program for all of the company’s desktop ... offer a truly hassle free experience. , FlexiSpot’s unique desktop risers use an ...
(Date:12/2/2016)... ... ... The annual time frame to change Medicare health and prescription drug coverage, known ... Medicare beneficiaries who are looking to switch from their current plan to a Medicare ... during this period order for their new policy to go into effect in 2017. ...
(Date:12/2/2016)... ... December 02, 2016 , ... With the number of pain management programs available ... must find the one that works for them. When an inventor from Suisun City, ... worked and decided to share it with others. , He developed a prototype for ...
(Date:12/2/2016)... ... December 02, 2016 , ... Dr. Raffi Hovsepian, a leading ... the 2016 “Guide to America’s Top Plastic Surgeons” for seven consecutive years. The ... education, experience, and professional associations. , One the most frequently honored surgeons ...
(Date:12/2/2016)... ... December 02, 2016 , ... Mediaplanet is proud to announce ... covers the innovative treatments, therapeutic technologies, and revolutionized nutrition that are helping patients ... life 6 years in the last 3 decades,” says Dr. Valentine Fuster, a ...
Breaking Medicine News(10 mins):