ASHEVILLE, N.C. (April 2, 2020)—Aeroflow Healthcare, a durable medical equipment (DME) provider, 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 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.