What did Quipt Home Medical Corp. pay for Southern Pharmaceutical Corporation?

$5.4M, equivalent to 5.4× EBITDA / 0.50× revenue. Target revenue was approximately $10.1M. Target EBITDA was approximately $1.0M.

ACQUIRED · 2023

Who Acquired Southern Pharmaceutical Corporation?

Quipt Home Medical Corp. · $5.4M· 5.4× EBITDA

The acquisition

Southern Pharmaceutical Corporation was acquired by Quipt Home Medical Corp. in 2023 for $5.4M. The deal was priced at 5.4× EBITDA / 0.50× revenue.

Southern Pharmaceutical Corporation at time of acquisition

Revenue

$10.1M

EBITDA

$1.0M

Deal value

$5.4M

EV / EBITDA

5.4×

Other acquisitions by Quipt Home Medical Corp.

Recent transactions by the same buyer — useful for understanding their playbook and what they typically pay.

Ballad Health DME Provider · 2025 · $1.6M
Hart Medical Equipment · 2025 · $30.0M · 4.3× EBITDA
Great Elm Healthcare · 2023 · $80.0M · 6.0× EBITDA
Access Respiratory Homecare · 2022 · $6.7M · 5.1× EBITDA

Similar durable medical equipment acquisitions

Ballad Health DME Provider · acquired by Quipt Home Medical Corp. in 2025 · $1.6M
Hart Medical Equipment · acquired by Quipt Home Medical Corp. in 2025 · $30.0M
Lehan's Medical Equipment · acquired by Viemed Healthcare, Inc. in 2025 · $28.2M
Advanced Diabetes Supply Group · acquired by Cardinal Health in 2024 · $1.10B
Rotech Healthcare Holdings · acquired by Owens & Minor in 2024 · $1.36B

Run a valuation for a similar durable medical equipment business

Three fields, instant range, backed by 25,592 real M&A transactions including this one.

Open the durable medical equipment calculator →