FOR RELEASE: June 1995

Overland Park, KS-June 1995. Baker & Associates, Inc., a mergers and acquisitions consultant located in Overland Park, Kansas announces that it has represented Marshall-Bell Limited, Texarkana, Texas in the sale of its HME business to Rotech Medical Corporation, Orlando, Florida. The transaction concluded recently.

Jerry Baker, president and founder, commented that the two companies were an excellent fit for each other. Sheila Bell, one of the owners of Marshall Bell Limited will remain with Rotech post acquisition as a vital part of this growing organization. Bill Kennedy and Steve Griggs, Chairman and C.O.O of Rotech respectively were directly involved in structuring this transaction. Sheila said Marshall-Bell Limited has grown substantially over the past few years and is one of the largest Respiratory / Durable Medical Equipment operations in Texas and also has locations in Mississippi, Louisiana, and Arkansas. The company has also developed a strong presence in providing low air loss mattress to patients that are bed fast and subject to additional complications, because of their lack of movement. The company has over 300 low loss mattresses on rental and over 800 oxygen concentrator patients. The company has a total of 7,000 patients. Sales for Marshall- Bell for 1995 are forecasted to be around $10 million. Sheila will become Regional Manager of Rotech Operations in Texas, Mississippi, and Louisiana. Kennedy and Griggs both stated that Marshall-Bell Limited will be significant to Rotech’s growth in the region.

Baker & Associates, a privately held company, represents clients in the healthcare industry among others. For information about this transaction, please contact Baker & Associates at (913) 451-5757.

 

 

 

Contact Information

Telephone:  (913) 897-9199

Fax:  (913) 851-0678

Address: 13108 Linden Lane
       Leawood, Kansas 66209

Email: info@bakerandassoc.com

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