ASHEVILLE, N.C., April 2, 2020 /PRNewswire-PRWeb/ -- Aeroflow Healthcare, a leading durable medical equipment (DME) provider and Inc. 5000 fastest growing company, today announced the launch of Aeroflow Ventures. Aeroflow Ventures is a new division within the organization focused exclusively on mergers and acquisitions, joint ventures, and private equity investment in DME companies nationwide.
"For DME companies that are considering partnership, sales, or spin-off opportunities, there are so many ways to achieve an outcome that works for everyone," said Scott Sonnone, CFO at Aeroflow. "Whether the interest is in a quick path to liquidity or the desire for a broader partnership, we are open to the full spectrum of possibilities," said Sonnone. "Our willingness to look at all potential structures is really what sets us apart." Aeroflow Ventures' investment decisions will be driven by financial metrics, but also will weigh intangible concerns such as patient care and transition, cultural fit, employee retention, and other integration-related issues.
Aeroflow Ventures is a critical piece of the Company's overall strategic vision and growth strategy. Significant capital and resources have been dedicated to this initiative, with particular interest in the areas of sleep therapy, urology and incontinence and maternity care. "We are also interested in opportunities outside of these categories, so long as there are identifiable synergies to be realized," added Sonnone.
This announcement comes at the same time the company has launched its new website at https://aeroflowinc.com/. The new comprehensive website has been redesigned to provide an overview of Aeroflow's primary segments and clarify the organization's strengths to both patients and industry stakeholders.
About Aeroflow Healthcare
Aeroflow Healthcare was founded in Asheville, NC in 2001 as a home oxygen provider, and has since grown to become one of the leading durable medical equipment providers nationwide. For three consecutive years, Aeroflow has been ranked on Inc. Magazine's List of 5000 Fastest Growing Companies. In 2017, Aeroflow was also awarded the HME Excellence Award for Best Home Medical Equipment Provider and has been recognized as a business offering top-notch benefits to employees with the Great Place to Work Award. Aeroflow is an accredited Medicare and Medicaid provider and accepts most commercial insurance. To learn more about Aeroflow Healthcare and getting medical equipment through insurance, visit Aeroflowinc.com.
SOURCE Aeroflow Healthcare
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