GMH Ventures Acquires APO2

GMH Ventures Acquires APO2

Dynamic Healthcare Services, a portfolio company of GMH Ventures, has acquired the operating assets of APO2, a home medical equipment provider. This is the third add-on acquisition for Dynamic Healthcare Services since it was acquired by GMH Ventures in January 2012.

APO2 is a full service home medical equipment company providing home oxygen delivery systems, continuous positive airway pressure systems, sleep apnea products, scooters, and power wheelchairs. APO2 was founded in 2004 by its President William Pavlick and is based in Hazleton, PA (

“Acquiring APO2 continues our strategic growth and acquisition plan of market expansion in the medical equipment space under the DHS brand. GMH’s capital and management support combined with DHS’s well-established position in the market place is a perfect fit for APO2’s added product offerings and presence in the Hazleton, PA area. We are actively seeking to acquire other companies in the home medical equipment marketplace to expand our regional presence,” said Michael Holloway, President of GMH.

DHS is a distributor and provider of residential medical equipment, respiratory therapy products and services, and rehabilitation products and services. The company serves the western and central Pennsylvania markets. During 2012, DHS acquired HomeTown Oxygen and Evanko, both regional distributors of home medical equipment in the Pennsylvania market. DHS was formed in 2000 as the parent company to Central Medical Equipment (Harrisburg) and East Suburban Medical Supply (Pittsburgh), which were originally incorporated in 1981. The company has more than 100 employees and is based in Harrisburg, PA (

GMH Ventures was founded by Gary Holloway as a vehicle to make control equity investments in middle-market companies that have a minimum EBITDA of $2.5 million and enterprise values of $15 million to $100 million. Sectors of interest include manufacturing, distribution and services. The firm is based in Newtown Square, PA (

© 2013 PEPD • Private Equity’s Leading News Magazine • 3-8-13

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