Willkie Farr & Gallagher LLP, Polsinelli PC and K&L Gates LLP acted as legal advisors to AdaptHealth, while Kirkland & Ellis LLP served as Solara’s legal counsel in connection with the transaction.
AdaptHealth Corp. (NASDAQ: AHCO) entered into an agreement to acquire Solara Medical Supplies, LLC and Minneapolis, Minnesota based ActivStyle, Inc.
The transaction is expected to close in the third quarter of 2020 and is subject to certain customary closing conditions and regulatory approvals.
AdaptHealth Corp. is a leading provider of home healthcare equipment, medical supplies to the home and related services in the United States. AdaptHealth provides a full suite of medical products and solutions designed to help patients manage chronic conditions in the home, adapt to life and thrive.
Founded in 2002, Solara is the largest independent distributor of continuous glucose monitors (“CGM”) in the United States and offers a comprehensive suite of direct-to-patient diabetes management supplies to patients throughout the country, including CGMs, insulin pumps and other diabetic supplies.
ActivStyle is a leading direct-to-consumer supply company that provides incontinence and urology products to patients throughout the United States.
The Kirkland team advising Solarea was led by transactional partners Robert Wilson (Picture) and Daniel Guerin and associates Brett Nelson, Tyler Mordecai, and George Boden.
Willkie advised AdaptHealth with a team led by partners Michael Brandt and Danielle Scalzo, Christopher Peters, Jordan Messinger, and Thomas Spencer.
Involved fees earner: George Caesar Boden – Kirkland & Ellis; Daniel Guerin – Kirkland & Ellis; Tyler Mordecai – Kirkland & Ellis; Brett Nelson – Kirkland & Ellis; Robert Wilson – Kirkland & Ellis; Michael Brandt – Willkie Farr & Gallagher; Jordan Messinger – Willkie Farr & Gallagher; Christopher Peters – Willkie Farr & Gallagher; Danielle Scalzo – Willkie Farr & Gallagher; Thomas Spencer – Willkie Farr & Gallagher;