New York, NY (Vocus) November 16, 2010
Bruderman Brothers is pleased to announce that it has been engaged to provide sell-side advisory services to a Pennsylvania-based, privately-owned, JCAHO-accredited regional distributor and provider of home medical equipment and respiratory therapy products and services. This management-owned business is structured as a holding company comprised of two separate operating entities and employs approximately 70 people at its five facilities located throughout central and western Pennsylvania.
The company generates its revenues from the rental and sale of durable medical equipment (hospital beds, walkers, wheelchairs, etc.), respiratory products (oxygen concentrators, nebulizers, etc.), sleep products (items for sleep apnea, bi-level and auto-titration units), and various rehabilitation services. The company markets its products to various referral sources including physicians, assisted living facilities, personal care homes, surgical outpatient centers, hospital discharge planners, social service case managers, and pharmacies. The company’s management team has extensive experience within the healthcare industry and is supported by a dedicated team of operators, administrative employees, and sales representatives.
About Bruderman Brothers, Inc.
Bruderman Brothers, Inc. is a New York-based, privately owned broker-dealer. The firm’s business segments consist of investment banking, merchant banking, and consulting services. It is currently owned and operated by chairman, Matthew J. Bruderman. Matt Bruderman has been in the financial services industry for nearly 20 years and represents the third generation of the Bruderman family in the industry. Bruderman Brothers, Inc. is registered with the U.S. Securities and Exchange Commission (SEC), and is a member of both the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).