Mergers & AcquisitionsBy The Online Investor Staff, updated Wed., Mar. 3, 10:00 PM
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Slide #19. Great Elm Group, Inc. — Advanced Medical DME, LLC and PM Sleep Lab, LLC
Great Elm Group, Inc. (NASDAQ:GEG)
Advanced Medical DME, LLC and PM Sleep Lab, LLC
Great Elm Group, Inc. ("we," "us," "our," "GEG," or "Great Elm") (NASDAQ: GEG), a diversified holding company, announced today that Focus Respiratory, LLC, a subsidiary of Great Elm Healthcare, LLC ("GEHC") (the "Company"), acquired Advanced Medical DME, LLC and PM Sleep Lab, LLC, providers of sleep testing, PAP, and other respiratory products and services in nine locations throughout Kansas and Missouri. On a combined basis, the acquired entities reported pro forma unaudited revenues of approximately $5 million in 2020.
Great Elm Capital Group is a holding company. Through its subsidiaries, Co. has the following business operating segments: durable medical equipment, which engages in the distribution of respiratory care equipment, including positive air pressure equipment and supplies, ventilators and oxygen equipment, and provides sleep study services; investment management, which provides investment management services to Great Elm Capital Corp., Co.'s investment vehicle, as well as Great Elm Opportunities Fund I, LP and separate accounts for an institutional investor; and real estate, which has an investment in a majority-interest in Fort Myers, FL.
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