HARRISBURG, Pa., Feb. 12, 2013 /PRNewswire/ -- On February 1st, Dynamic Healthcare Services, Inc. ("DHS") a portfolio company of GMH Ventures LLC ("GMH") announced its new executive team to continue the growth and expansion of the DHS organization. The announcement comes after the recent DHS acquisitions of HomeTown Oxygen, Pittsburgh LLC ("HomeTown") and Evanko Respiratory, Inc ("Evanko"), both regional distributors of home medical equipment in the Pennsylvania market.
Effective January 1, 2013, Mr. Terry Luft , Chief Executive Office of DHS, announced a senior management team consisting of Mr. Michael Conner as Chief Operating Officer, Mr. David Petrosky as Chief Financial Officer and Ms. Mary Kay Fehl as Vice President of Operations and Special Projects. As CEO, Mr. Luft will focus on new acquisitions and growth opportunities in the Mid-Atlantic DME/HME space. Mike Conner will manage day to day operations at all facilities, new acquisition integration and the sales department. Dave Petrosky will manage fiscal growth and cost analysis along with accounting and long term strategic planning. Mary Kay Fehl will expand her responsibilities to include special projects at all locations as well as transitioning newly acquired acquisitions into the DHS brand.
Michael Holloway , President of GMH, stated, "Over the past year, we have solidified DHS as a significant player in the Pennsylvania DME/HME marketplace. The senior management team of Terry, Mike, Dave and Mary Kay provide strength, experience and support to all of the various departments within DHS while allowing us to continue seeking out new expansion opportunities. We have strategically and systematically increased our presence in the Pennsylvania DME/HME space from the beginning of our partnership with DHS and we are proud to have such a strong and talented group of executives to oversee our continued growth throughout the Mid-Atlantic region in the upcoming years," finished Holloway.
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. After the recent acquisitions of HomeTown and Evanko, DHS increased its staff to over 100 employees with facilities throughout Pennsylvania.
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|
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