Well Established – Multi-State Sleep Labs
Available for Acquisition
Sleep is critical for good health and wellbeing for everyone. With approximately 30 million undiagnosed sleep apnea cases in the U.S., the sleep diagnostic testing and services industry in growing rapidly.
This company manages sleep testing and treatment for hospital systems and correctional institutions. They offer clients an end-to-end solution to provide sleep testing from initial referral through delivery of test results to patients and providers. This includes staffing and equipment for the sleep lab and handling of all administrative duties related to completing the sleep study. For correctional customers the company also offers in-facility sleep apnea treatment solutions including CPAP machine and peripherals. Both correctional and hospital programs operate under master agreements in place with each customer or facility.
- Approximately 30 million Americans suffer from sleep apnea but 80% have not been diagnosed
- Recurring revenue due to contractual agreements with customers and strong backlog of patients needing testing
- Best in class margins and growing free cash flow
- Low customer concentration
- Little to no insurance reimbursement risk as customers pay the company directly for services provided
- Experienced management team with deep industry expertise
The Competitive Landscape– To increase their market share, businesses in the sleep testing services sector are primarily concentrating on geographic expansion and the introduction of cost-cutting treatment systems. This acquisition opportunity checks all the boxes from having a regional presence, a national footprint and the most current types of testing and treatment equipment.
Interested parties can contact Tony Marsallo at tmarsallo@paraognventures.com or call 800-719-1555 for more information.
