02/07/2023
CoachCare was proud to have our president and co-founder, Wes Haydon, featured in an article about our company this week by Deborah Balshem at Mergermarket. Thank you for including us in the piece, Deborah and Mergermarket!
Here are a few highlights:
"CoachCare expects to close its second acquisition in the next 10 days of a smaller RPM company that specializes in cardiology and new specialty nephrology (kidney disease). It is in talks with two additional acquisition targets," Haydon said.
"The company closed its inaugural buy last month, of Winston-Salem, North Carolina-based RPM company NVOLVE Inc., whose expertise is in the pain, spine and orthopedic specialties."
"All of the targets approached CoachCare," according to Haydon, who said the company is now looking at deals more actively.
"The company is operating at break-even and expects an EBITDA margin of 25% following the close of its second acquisition in February 2023," he said.
"After the close of the impending acquisition, CoachCare will have 50 fully remote employees," Haydon said.