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:2/10/2016)... February 10, 2016 Demonstrates ... 1 receptor selectivity   1 ... which has entered clinical development as a new ... and schizophrenia.   --> 1 ... has entered clinical development as a new treatment ...
(Date:2/9/2016)... Feb. 9, 2016  Landauer, Inc. (NYSE: LDR ... measurement and monitoring, outsourced medical physics services and high ... its fiscal 2016 first quarter ended December 31, 2015. ... Fiscal 2016 First Quarter Highlights , Revenue of ... quarter of 2015 , Domestic Radiation Measurement services revenues ...
(Date:2/9/2016)... BioSciences, Inc. (NASDAQ: SGMO ), the leader ... quarter and full year 2015 financial results and ... editing," said Edward Lanphier, Sangamo,s president and chief ... leads the therapeutic genome editing field and we ... our ground-breaking genome editing programs through IND enabling ...
Breaking Medicine Technology:
(Date:2/10/2016)... (PRWEB) , ... February 10, 2016 , ... AxoGen, Inc. ... will report results for the fourth quarter and full year ended December 31, 2015 ... a conference call and webcast for the investment community following the release at 4:30 ...
(Date:2/10/2016)... ... February 10, 2016 , ... ... measure change in their patients. Research shows that the Goal Attainment Scale (GAS) ... therapists overcome this challenge and learn more about the Goal Attainment Scale, Education ...
(Date:2/10/2016)... Palm Beach, Florida (PRWEB) , ... February 10, ... ... & Country Club) announced that it has been awarded the prestigious Distinguished Emerald ... the World award program conducted by BoardRoom magazine, one of the most respected ...
(Date:2/10/2016)... ... February 10, 2016 , ... The ... 26th: Amateur & Professional Divisions - Time: 7:00pm – 10:00pm | Ticket ... Ticket Prices $30, Social Media: http://www.USPoleSportsFed.org , Facebook: http://www.facebook.com/uspolesportsfederation , ...
(Date:2/10/2016)... ... February 10, 2016 , ... The recreational use of marijuana has been ... still face a lot of restrictions as to where they can smoke pot. ... use” and that cannabis “may not be consumed openly or publicly.” , Given the ...
Breaking Medicine News(10 mins):