Navigation Links
GMH Ventures Acquires Majority Ownership in Dynamic Healthcare Services, Leading Provider of Medical Equipment and Respiratory Therapy Products and Services

HARRISBURG, Pa., Jan. 18, 2012 /PRNewswire/ -- Dynamic Healthcare Services Inc. ("DHS") announced today that it has been acquired by a subsidiary of GMH Ventures LLC ("GMH") in partnership with DHS's key management team, including founder and President, Terry Luft.  The terms of the acquisition were not disclosed.

DHS was formed in 2000 as the parent company to Central Medical Equipment and ESMS Home Medical, which were originally incorporated in 1981. DHS has grown over the past decade to become one of the predominant distributors and providers of residential medical equipment, respiratory therapy products and services, and complex rehabilitation products and services in the western and central PA markets.  Today, DHS employs more than 70 employees with facilities throughout Pennsylvania.

"We are extremely pleased to have partnered with GMH and look forward to creating a synergistic platform poised for growth in the home medical equipment  marketplace," commented Mr. Luft, who will remain the President and CEO of DHS.  "Having access to GMH's strong balance sheet along with their talented executive management team provides us with additional capital and resources to grow DHS into a nationally-recognized player in HME space.  That expansion will allow us to take advantage of growth opportunities we could not have attained prior to this partnership."  

Michael Holloway, Executive Vice President of GMH, stated, "Adding DHS to our diverse portfolio of assets is an exciting start to 2012. While DHS was considered a regional leader in the HME marketplace prior to our investment, we believe our capital infusion and executive oversight, partnered with Terry's talented management team will allow DHS to expand well beyond its current footprint, leading to untapped fiscal growth and market expansion," added Holloway.

New York-based Bruderman Brothers, was retained by DHS to negotiate the recapitalization, led by GMH and Lakewood Capital, a Rowayton, Connecticut-based private equity firm. M&T Bank provided debt financing for the transaction. Private Capital Research of Conshohocken sourced the deal on behalf of GMH Ventures.

About DHS:
DHS is a leading provider of residential 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 dynamic private equity group, headquartered in Newtown Square, PA. Founded by Gary M. Holloway 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 today.

Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Vivo Ventures Closes $375 Million 7th Fund to Invest in Healthcare in the U.S. and Greater China
2. Global Diagnostic Imaging Companies M&A, Joint Ventures, R&D Pipeline, and Strategies
3. PharmaSecure, an Innovator in Pharmaceutical Serialization, Closes $3.9M Investment by Eric Schmidts Innovation Endeavors, Gray Ghost Ventures, Healthtech Capital and the TEEC Angel Fund
4. USRBC President Ed Verona Lauds GE Announcement on Energy and Healthcare Joint Ventures in Russia
5. Allegra® and Survivor Winner Danni Boatwright Want to Hear About Your "Allergy Adventures"
6. Global Health Ventures August 4th Investor Presentation Now Available for On-demand Viewing at
7. Global Health Ventures to Present Live, Online at on August 4th
8. PharmaVentures Engaged by Avexa to Assist in the Out-licensing of Apricitabine
9. Vivo Ventures Announces Promotions of Dr. Chen Yu and Dr. James Zhao to Managing Partner
10. XDATA Retains Adapt IP Ventures to Market Patents and Technology for Automated 3D Ultrasound Imaging System
11. Aethlon Medical to Present the Aethlon ADAPT™ System at C21 BioVentures™ Life Sciences Partnering Conference
Post Your Comments:
(Date:6/23/2016)... -- Research and Markets has announced the addition ... - Forecast to 2022" report to their offering. ... to date financial data derived from varied research sources to ... potential impact on the market during the next five years, ... of sub markets, regional and country level analysis. The report ...
(Date:6/23/2016)... June 23, 2016 , , ... July 7, 2016 , , , , LOCATION: , , ... , , , EXPERT PANELISTS:  , , , Frost & ... Analyst, Christi Bird; Senior Industry Analyst, Divyaa Ravishankar and Unmesh Lal, ... The global pharmaceutical industry is witnessing an exceptional era. Several new ...
(Date:6/23/2016)... -- Guerbet announced today that it has been named a ... One of 12 suppliers to receive the ... of Premier members through exceptional local customer service and ... lower costs. "We ... customer service from Premier," says Massimo Carrara , ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... June 25, 2016 , ... Experts from the American Institutes ... Research Meeting June 26-28, 2016, at the Hynes Convention Center in Boston. , ... advance care planning, healthcare costs and patient and family engagement. , AIR researchers ...
(Date:6/25/2016)... Miami, FL (PRWEB) , ... June 25, 2016 , ... The temporary closing of Bruton ... Plant City Observer , brings up a new, often overlooked aspect of head lice: ... The closing for fumigation is not a common occurrence, but a necessary one in the ...
(Date:6/25/2016)... ... 25, 2016 , ... First Choice Emergency Room , the largest network ... the Medical Director of its new Mesquite-Samuell Farm facility. , “We are pleased ... location,” said Dr. James M. Muzzarelli, Executive Medical Director of First Choice Emergency Room. ...
(Date:6/25/2016)... ... June 25, 2016 , ... ... recover from injury. Recently, he has implemented orthobiologic procedures as a method for ... is one of the first doctors to perform the treatment. Orthobiologics are substances ...
(Date:6/25/2016)... ... 2016 , ... Conventional wisdom preaches the benefits of moderation, whether it’s a ... the bar too high can result in disappointment, perhaps even self-loathing. However, those who ... , Research from reveals that behind the tendency to set ...
Breaking Medicine News(10 mins):