AdaptHealth Corp. acquired Community Surgical Supply of Toms River, LLC for $129.4 million cash at closing plus potential contingent consideration of up to $6.5 million, a transaction completed in December 2021, structured as all cash.
Community Surgical Supply of Toms River, LLC operates in Respiratory / infusion / home medical equipment, is based in Northeastern United States. Community Surgical Supply provided oxygen, respiratory therapy services, infusion therapy services and home medical equipment to customers throughout the northeastern United States.
Part of AdaptHealth's roll-up strategy consolidating regional home medical equipment and direct-to-patient supply providers; consideration and terms disclosed in AdaptHealth's FY2021 Form 10-K, Note 3 Acquisitions.
Advisory firms were not disclosed for this transaction.