LYMAN, S.C., March 15, 2011 /PRNewswire/ — Southern Home
Medical Equipment, Inc. (PINKSHEETS: SHOM), a Holding Company
providing healthcare services, healthcare professionals and
equipment to medical institutions, has targeted the Mid-Atlantic
region for expansion and growth. After two consecutive
profitable years, zero long-term debt, the company’s management
believes it is poised to pursue additional revenues and growth
opportunities.
Waterford Holdings Group specializes in targeting and financing
acquisitions, particularly in the Mid-Atlantic States. Brian
August, CEO of Waterford Holdings remarked, “We see this as an
excellent opportunity to merge privately held assets into a stable,
conservative public entity like Southern Home.”
Jeff Sarvis, CEO of Southern Home Medical Equipment states, “It
has long been our desire to grow outside of the Durable Medical
Equipment Industry. We feel that Waterford Holdings can
provide us with suitable acquisition targets that will allow us to
utilize our assets and expertise to obtain additional channels for
our products and services, or provide us additional opportunities
in the area of service providers in the rapidly expanding
healthcare market.”
About Waterford Holdings Group LLC.
Waterford Holdings Group is a boutique investment and consulting
company specializing in equity, debt, and mezzanine financing for
small businesses. The company was founded in 2007 to fill a
niche market for small businesses that were rapidly being deprived
of capital financing from larger institutions as the credit crisis
began. The company has grown quickly and today has multiple
investors and ownership interests in numerous private and public
companies. Founder and CEO, Brian August, holds a BA from
Cornell University and an MBA from University of Maryland
University College.
About Southern Home Medical Equipment, Inc.
Southern Home M
‘/>”/>
