Hyde Park Capital Announces The Sale Of Matrix Medical To Aerocare

Hyde Park Capital Announces The Sale Of Matrix Medical To Aerocare

Tampa, Florida - January 20, 2015 - Hyde Park Capital Advisors, LLC (“Hyde Park Capital”) is pleased to announce the recent sale of Matrix Medical, LLC (“Matrix”) to AeroCare Holdings, Inc. (“AeroCare”). Matrix operates as a distributor of durable medical equipment (“DME”) with a focus on respiratory medical products. Hyde Park Capital served as the exclusive investment banker for Matrix for this transaction.

Billy Keel, CFO and Partner for Matrix Medical, said “We were very pleased to have found a company in AeroCare that truly values its employees, and has a growth oriented culture. We believe our employees and business is in very good hands and will continue to prosper. Working with the professional team at Hyde Park Capital, who really understood what we were trying to accomplish, made all the difference.”

“AeroCare is extremely excited about Matrix Medical, its management and employees becoming part of the AeroCare team. We look forward working with them to pursue opportunities and to care for our patients” according to Steve Griggs, CEO of AeroCare. “Matrix has had over ten years of success and we look for that to continue with our combined efforts. In addition, we appreciate the support and guidance from Hyde Park Capital throughout the process.”

“We are pleased to have represented Matrix, a successful privately-owned company, and worked with the Company’s principals on this very important transaction for its employees and shareholders” said Keith Hodgdon, Managing Director with Hyde Park Capital. “AeroCare represents an excellent fit with Matrix’s culture and values and Hyde Park Capital is delighted to have initiated and negotiated this transaction for Matrix as their investment banker in the sale of the Company.”

About Matrix Medical

Matrix is a provider of medical and respiratory equipment to patients’ homes. The Company’s products represent the latest technology in the industry, and provide the most convenient therapy possible to the patient. Matrix specializes in the area of respiratory related equipment and supplies, products for treating obstructive sleep apnea, and other durable medical equipment. More information about Matrix is available at www.matrixmedical.us.

About AeroCare Holdings

AeroCare offers a range of home medical equipment products with a focus on respiratory products. The company offers equipment and services for home oxygen, nebulized respiratory medications, chronic obstructive pulmonary disease, and congestive heart failure; sleep products, such as CPAP and BiPAP machines for patients with obstructive sleep apnea; and wheelchairs, walkers, beds, canes, and other aides for daily living and medical supplies. More information about AeroCare may be obtained from its website at www.aerocareusa.com.

About Hyde Park Capital

Hyde Park Capital is an institutionally focused investment banking firm specializing in mergers and acquisitions and private placements and serving the corporate finance needs of middle market public and private companies. Our principals have extensive investment banking experience executing merger & acquisition engagements, including purchase and sale of company assignments, recapitalizations, financial advisory, fairness opinions and raising growth capital and acquisition financing for companies, including equity, mezzanine and senior debt. As one of the most active investment banking firms in the Southeast, our professionals have advised on more than 300 corporate investment banking transactions totaling more than $10 billion in transaction value. We are headquartered in Tampa, Florida and are a member of FINRA and SIPC. For additional information on Hyde Park Capital, visit www.hydeparkcapital.com or call (813) 383-0202.

Client Testimonials

"Hyde Park’s team guided us through the process, providing us with a number of high quality counter-parties, and supported us through the transaction structuring, negotiation and due diligence. We are very pleased with the outcome and excited for the future of DTS.”
Allen Ibaugh, Co-Founder and CEO of Data Transfer Solutions
“We enjoyed working with Hyde Park Capital and appreciated their M&A expertise in the technology services sector and their help on this important transaction.”
Chris Toepke, CEO of Trifecta
“We very much appreciated the assistance of Hyde Park Capital on this strategic acquisition for ITE. Their M&A experience was quite helpful to our team and the overall process and assured the deal was well executed and we got it closed on schedule.”
Scott Dols, CEO of Industrial Truck & Equipment, LLC
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