Quipt Home Medical acquires 60% of Hart Medical Equipment for ~$17-18M

Quipt Home Medical Corp., through its subsidiary QHM Holdings, entered an agreement to acquire a 60% membership interest in IRB Medical Equipment, LLC dba Hart Medical Equipment, a Michigan-based durable medical equipment provider. The purchase price is approximately $17-18 million based on a $35 million enterprise value.

“Quipt Home Medical Corp. announced that on August 11, 2025 its subsidiary QHM Holdings entered an Equity Purchase Agreement to acquire a 60% membership interest in IRB Medical Equipment, LLC dba Hart Medical Equipment.”stocktitan.net

• 3 sources
• stocktitan.netQuipt (QIPT) Acquires 60% of Hart Medical; Price ~$17–18M | QIPT SEC Filing - Form 8-KStock TitanAug 12, 2025
• citybiz.coThe Braff Group Advises Hart Medical Equipment on its Acquisition by Quipt Home Medical | citybizKevin ParkerSep 16, 2025
• medicalbuyer.co.inUS-based Quipt Home Medical forms JV with three health systems - Medical Buyeraditya_guptaSep 18, 2025

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