Navigation Links
Southern Home Medical Equipment Engages Northern Virginia Based Waterford Holdings Group to Evaluate and Consider Acquisition Candidates in the Mid-Atlantic Area
Date:3/15/2011

LYMAN, S.C., March 15, 2011 /PRNewswire/ -- Southern Home Medical Equipment, Inc. (PINKSHEETS: SHOM), a Holding Company providing healthcare services, healthcare professionals and equipment to medical institutions, has targeted the Mid-Atlantic region for expansion and growth.  After two consecutive profitable years, zero long-term debt, the company's management believes it is poised to pursue additional revenues and growth opportunities.

Waterford Holdings Group specializes in targeting and financing acquisitions, particularly in the Mid-Atlantic States. Brian August, CEO of Waterford Holdings remarked, "We see this as an excellent opportunity to merge privately held assets into a stable, conservative public entity like Southern Home."

Jeff Sarvis, CEO of Southern Home Medical Equipment states, "It has long been our desire to grow outside of the Durable Medical Equipment Industry.  We feel that Waterford Holdings can provide us with suitable acquisition targets that will allow us to utilize our assets and expertise to obtain additional channels for our products and services, or provide us additional opportunities in the area of service providers in the rapidly expanding healthcare market."

About Waterford Holdings Group LLC.  

Waterford Holdings Group is a boutique investment and consulting company specializing in equity, debt, and mezzanine financing for small businesses.  The company was founded in 2007 to fill a niche market for small businesses that were rapidly being deprived of capital financing from larger institutions as the credit crisis began.  The company has grown quickly and today has multiple investors and ownership interests in numerous private and public companies.  Founder and CEO, Brian August, holds a BA from Cornell University and an MBA from University of Maryland University College.

About Southern Home Medical Equipment, Inc.

Southern Home Medical Equipment, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. The Company has quality health care professionals to support hospitals, rehab centers, nursing homes and other medical facilities providing RN's, LPN's, CNA's, RT's, Billing Specialist, Customer Service Specialist, Delivery Techs and Marketing Reps. With contractual agreements with partner businesses in Charleston, Columbia, Greenville, Florence and Lake Hartwell, South Carolina; Nashville, Tennessee; Baltimore, Maryland; Dunwoody, Georgia; and Philadelphia, Pennsylvania. Southern Home Medical is leveraging the success of these business models to expand sales opportunities in these areas with health, medical and equipment needs.

Forward-Looking Statements

The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.

www.irprpro.com

www.healthcarestock.net


'/>"/>
SOURCE Southern Home Medical Equipment, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Encinitas Nursing and Rehabilitation Center First in Southern California to Deploy Voice Technology for Outcomes-Based Care
2. MinuteClinic and St. Rose Dominican Hospitals Form Clinical Collaboration to Improve Access to Health Care in Southern Nevada
3. BioSpace Showcases Southern Californias Growing Life Science Region
4. Southern Research Announces Completion of $20 Million Bond Transaction
5. Southern California Cell Company Partners With Northern California Life Science Research Technology Company for Developing Human Derived Disease Specific iPS Cell Lines
6. Pro Medicus/Visage Imaging Signs Deal with Sydney-based Southern Radiology
7. Jubilant Organosys, UAB and Southern Research Enter Into Drug Discovery Joint Venture
8. Diplomat Specialty Pharmacy Continues to Expand - Opens Location in Southern California
9. Partnership for Prescription Assistance Prepared to Help Southern Workers Hurt by Recession
10. Trana Discovery and Southern Research Institute Find Bioactive HIV Antiviral Compounds
11. Southern Research to Play Key Role in the Federal Governments Search for New Cancer Therapies
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... , June 24, 2016   Bay Area ... Network,s Dean Center for Tick Borne Illness ... and Rehabilitation, MIT Hacking Medicine, University of California, ... today announced the five finalists of Lyme ... disease.  More than 100 scientists, clinicians, researchers, entrepreneurs, ...
(Date:6/24/2016)... and SAN CLEMENTE, Calif. , June ... -based mobile pulmonary function testing company, is now able to ... devices developed by ndd Medical Technologies , Inc. ... done in hospital-based labs.  Thanks to ndd,s EasyOne PRO ® , ... , can get any needed testing done in the comfort of ...
(Date:6/24/2016)... , June 24, 2016  Arkis BioSciences, a ... invasive and more durable cerebrospinal fluid treatments, today ... The Series-A funding is led by Innova Memphis, ... and other private investors.  Arkis, new financing will ... and the market release of its in-licensed Endexo® ...
Breaking Medicine Technology:
(Date:6/27/2016)... , ... June 27, 2016 , ... TopConsumerReviews.com recently awarded ... Eyeglasses . , Millions of individuals in the United States and Canada wear ... a way to both correct vision and make a fashion statement. Even celebrities use ...
(Date:6/26/2016)... ... ... a legally blind and certified personal trainer is helping to develop a weight loss fitness ... to fix the two major problems leading the fitness industry today:, , ... They don’t eliminate all the reasons people quit their exercise program ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... "With 30 ... their specific project," said Christina Austin - CEO of Pixel Film Studios. , ... and all within Final Cut Pro X . Simply select a ProHand generator ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the ... In terms of the latter, setting the bar too high can result in disappointment, ... just slow progress toward their goal. , Research from PsychTests.com reveals ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Pulmonary Hypertension ... that it will receive two significant new grants to support its work to ... its 25th anniversary by recognizing patients, medical professionals and scientists for their work ...
Breaking Medicine News(10 mins):