Viemed Healthcare, Inc. (VMD) has completed the acquisition of Illinois-based Lehan’s Medical Equipment for a base purchase price of $26 million. The deal also includes estimated contingent payments of $2.2 million.
Viemed Healthcare funded the acquisition through a mix of cash on hand and borrowings from existing credit facilities.
The company expects to raise its full-year 2025 guidance to reflect the anticipated contribution from this acquisition in its earnings report for the quarter ending June 30, 2025.
Casey Hoyt, Chief Executive Officer of Viemed Healthcare, expressed pleasure in finalizing the acquisition and welcoming Lehan’s motivated team to the Viemed family.
