has sold certain assets to
Dormir is a leading provider of respiratory durable medical equipment and services focused on sleep and respiratory disorders.
Senior Team
Dormir
Type
M&A Sell-Side
Description
Dormir engaged Croft & Bender to advise the Company through a sale process
has sold certain assets to
Dormir is a leading provider of respiratory durable medical equipment and services focused on sleep and respiratory disorders.
About
Dormir, via its CardioSom and MD Sleep divisions, is a leading national healthcare provider of respiratory durable medical equipment, as well as services focused on the diagnosis and treatment of sleep and respiratory disorders.
Situation
Dormir engaged Croft & Bender to advise the Company through a sale process, which included valuing the business, identifying a targeted group of potential strategic and financial buyers, marketing the Company, evaluating offers, selecting a partner, and negotiating the transaction.
Result
Croft & Bender successfully negotiated the sale of certain assets of the Company to Lincare Holdings Inc. (NASDAQ: LNCR). Lincare, with approximately $2.0 billion in revenue, is a leading national provider of oxygen, respiratory therapy services, specialty pharmaceuticals, infusion therapy services, and home medical equipment to the home health care market.