Quipt Home Medical Corp. /
IRB Medical Equipment, LLC, dba Hart Medical Equipment
Quipt to take majority stake in Hart Medical Equipment
Source for the buyer and target: Quipt Home Medical Corp.
For the buyer and target.
“On August 11, 2025, Quipt Home Medical Corp. (“QHMC”) through QHM Holdings, Inc., a wholly-owned subsidiary of QHMC (“Quipt”) entered into an Equity Purchase Agreement (the “Agreement”) by and between Quipt, IRB Medical Equipment, LLC, dba Hart Medical Equipment (the “Company”), and Hart HoldCo, LLC (individually, the “Seller” and collectively with Quipt and the Company, the “Parties”).”
Published 12 Aug 2025
Open the sourceWhat happened
Quipt Home Medical Corp. signed an agreement to acquire a 60% ownership interest in IRB Medical Equipment, LLC, dba Hart Medical Equipment. The remaining 40% interest will be held by health systems and hospitals. [01]
The expected cash price is $17M-$18M, subject to adjustments and lender approval. The transaction is subject to customary closing conditions. [01]
The source
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Quipt to take majority stake in Hart Medical Equipment
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