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:4/28/2016)... 28, 2016 , Net Sales of $1.90 ... over the prior year period, and an increase of 1.2% ... Diluted EPS for the first quarter were $0.52 reported, a ... adjusted, an increase of 29.9% over the prior year period ... earnings guidance for 2016 Zimmer Biomet Holdings, Inc. ...
(Date:4/28/2016)... 2016  ValGenesis, Inc., the market leader ... today announced that a prominent world provider ... chronic kidney failure has selected ValGenesis Validation ... validation process. The global medical device manufacturer ... manage their validation processes electronically. Upon completion ...
(Date:4/27/2016)... Schweiz, April 27, 2016 ... CEO Forums in Zürich gab Strekin AG ... Wirkstoffkandidaten STR001 zur Erhaltung des Resthörvermögens von ... bekannt. Für die umfassende Phase-II-Doppelblindstudie mit Placebo-Kontrollgruppe ... angeworben. STR001 wird während der Operation direkt ...
Breaking Medicine Technology:
(Date:4/29/2016)... ... ... Our bodies are bombarded daily by environmental and lifestyle factors that can ... to adopt a more healthful diet, but too many people think that food has ... and the creator of the Newport Beach Cleanse and 14-Day Eating Plan, disagrees whole-heartedly. ...
(Date:4/29/2016)... ... April 29, 2016 , ... The ... nation’s productivity, stability, even security. Most importantly, employees are the single most important ... are American workers so unhappy? , Just under half of American workers are ...
(Date:4/29/2016)... ... April 29, 2016 , ... ... more flexibility in repaying their loans, more information about their loan terms and ... total outstanding student loan debt, including federal and private loans, has reached $1.3 ...
(Date:4/29/2016)... ... , ... Coast Dental Fort Stewart is celebrating its grand opening with an ... Furniture Mall at 112 Vilseck Road in Fort Stewart. There will be refreshments, giveaways, ... have the opportunity to meet general dentists Thomas Richards, DDS, and Josh Faulk, DMD, ...
(Date:4/29/2016)... ... April 29, 2016 , ... Spine Team Texas, a comprehensive spine physician group ... of their physicians has been invited to be a featured speaker at the Texas ... conference on April 30, 2016. , Dr. R. Scott McPherson, a physical medicine ...
Breaking Medicine News(10 mins):