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0.00688705234159789 0.00688705234159789 0.0301652892561984 0.0301652892561984 0.0301652892561984 0.0192837465564739 0.0192837465564739 -0.00550964187327812
Stock impact report

Great Elm DME, Inc. Subsidiary Acquires the Respiratory Assets of Midwest Respiratory Care, Inc.

GREAT ELM CAPITAL GROUP (GEC) 
US:NYSE Investor Relations: greatelmcc.com/investor-relations
Company Research Source: GlobeNewswire
Represents Great Elm DME, Inc.’s first “tuck-in” acquisition pursuant to its strategic plan to meaningfully scale the business Expands operating footprint to three additional Midwest cities significantly increasing the pool of potential patients Expands Great Elm’s respiratory product offering in the Midwest to include non-invasive ventilators and diversifies payor base WALTHAM, Mass., June 14, 2019 (GLOBE NEWSWIRE) -- Great Elm Capital Group, Inc. (NASDAQ: GEC) announced today that on June 12, 2019, Focus Respiratory, LLC (“Focus”), a wholly owned subsidiary of Great Elm DME, Inc. (“the Company”), acquired the respiratory assets of Omaha, Nebraska-based Midwest Respiratory Care, Inc. (“MRC”) in an all-cash transaction valued at approximately $6.25 million or 4.6x MRC’s EBITDA less capital expenditures for the twelve months ended April 30, 2019. The acquisition expands the Company’s geographic reach in the Midwestern U.S. beyond its existing Omaha presence by adding respiratory o Show less Read more
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