FORT WORTH, Texas—Health care mergers and acquisitions advisory firm VERTESS, announced the closing of four sell-side advisory transactions in December 2025 and January 2026, which the company said represented a significant uptick in health care mergers and acquisitions (M&A) activity after a sluggish market in the previous two years.
The transactions were:
1. Gammie HomeCare, a Hawaii-based durable medical equipment (DME) company, was bought by AdaptHealth, a nationwide network of medical equipment providers.
"It's important to stay the course when the transaction timeline is drawn out longer than anticipated," said Managing Director and Partner Bradley Smith, who oversaw this transaction. "This closing demonstrates ongoing strategic expansion by national DME platforms seeking strong regional operators."
2. Foot Care Store Inc., doing business as Dia-Foot, a Florida-based diabetic shoe company, was acquired by Anodyne, a Wisconsin-based orthopedic footwear provider. The transaction represents continued consolidation within the diabetic footwear and orthopedic DME market, VERTESS said.
"With this merger, Dia-Foot will be able to expand its reach into new markets," said Smith, who led the transaction with Managing Director David Purinton. "Anodyne has gained an established partner in the industry with a dedicated team in place."
3. RD Nutrition Consultants, a nationwide nutrition consulting company, was acquired by Conscious Capital Growth, a lower middle-market independent sponsor based in Arizona. This acquisition highlights increasing investor interest in scalable, clinically focused health care service organizations, according to Managing Director Gene Quigle, who guided the transaction.
4. Connecticut Mental Health Specialists, a Connecticut-based mental health services provider, was acquired by an individual buyer.