OKLAHOMA CITY, Okla. – Rehab Medical Supply and OMS Rehab are merging to form Direct Medical Supply. “We are very excited to join two highly synergistic companies to enable Direct Medical Supply to execute on our unique strategy and next phase of our growth commitment to patients and employees,” said Tri Van Le, president of Direct Medical Supply. “This also allows both companies to add strategic and operational value.”
Rehab Medical Supply, founded in 1985, is a national medical supplier headquartered here. OMS Rehab is a supplier of orthotic devices and therapeutic modality programs based in Kansas City. OMS Rehab was acquired by Rehab Medical in 2019. Rehab Medical acquired Family Medical Supply in 2018 and rebranded it to Rehab Medical Supply the following year.
The healthcare and life sciences M&A markets were active in 2020 and transaction activity is robust and growing in 2021, even amid the COVID-19 pandemic. There is unprecedented capital in market, the lowest interest rates in US history and strong acquirer motivations for high quality healthcare companies. Across the continuum of care, buyers and investors are looking for well established, profitable businesses and offering strong valuations and options for management.
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Contact Paragon Ventures for more information.
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