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Rotech Healthcare to Be Acquired by Owens & Minor for $1.36 Billion
- Client News
- July 23, 2024
Paul, Weiss is advising Rotech Healthcare Holdings, Inc., one of the largest privately held providers of home medical equipment and services in the United States, in its $1.36 billion, all-cash sale to global healthcare solutions company Owens & Minor, Inc. Rotech has more than 4,200 employees and provides products and services in 46 states through approximately 325 operating locations. The transaction is expected to close by the end of 2024, subject to customary closing conditions.
The Paul, Weiss team is led by corporate partners Jeffrey Marell and Matthew Benedetto, and includes partner Thomas de la Bastide and counsel Bruce Gruder and David Sobel; tax partner Anne McGinnis; antitrust partner Scott Sher and counsel Todd Hahn; executive compensation partner Lawrence Witdorchic; intellectual property partner Charles Googe; and environmental counsel William O’Brien.