Viemed Healthcare (VMD) has completed the previously disclosed acquisition of Illinois-based Lehan’s Medical Equipment for a base purchase price of $26M, subject to customary adjustments, plus estimated contingent payments of $2.2M. In 2024, Lehan generated net revenues of approximately $25.7M and Adjusted EBITDA of approximately $7.4M. Viemed funded the acquisition through a combination of cash on hand and borrowings from its existing credit facilities. Viemed anticipates increasing its previously issued full-year 2025 guidance range to account for the expected contribution from this acquisition when it reports earnings results for the quarter ended June 30.
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