Troutman Pepper Advises Linden Capital in Sale of Solara Medical Supplies
PHILADELPHIA – Troutman Pepper served as special health care regulatory counsel to private equity firm Linden Capital in its recent sale of Solara Medical Supplies, LLC to AdaptHealth Corp. (NASDAQ: AHCO). Detailed information about the cash and common stock transaction can be found online here.
Solara Medical Supplies is one of the largest direct-to-patient providers of diabetes management supplies – including continuous glucose monitors, insulin pumps and other diabetic supplies – in the United States. AdaptHealth is a leading U.S. provider of home medical equipment, supplies and related services.
“We believe Solara will immediately establish AdaptHealth as a leader in the high-growth diabetes market and advances our goal to offer high-value services to people with chronic conditions in their homes,” said Luke McGee, CEO of AdaptHealth, in a company press release.
Troutman Pepper’s John Jones, Solomon Hunter, Yale Bohn, James Saling, Joseph Harrington and Erica Youngerman counseled Linden Capital in the sale. The firm regularly advises private equity clients in the full range of investments and dispositions encountered in the life cycle of an investment fund and has become known for attorneys’ ability to anticipate issues, critically analyze them and ultimately address them as efficiently as possible.
Health sciences is a core practice at Troutman Pepper. The firm has more than 150 attorneys who represent clients such as innovative biotech, pharmaceutical and medical device developers and manufacturers; physicians, hospitals and other health care providers; health insurers and other payors; and a wide range of members of the health care supply chain.
About Troutman Pepper
Troutman Pepper is a national law firm known for its higher commitment to client care. With more than 1,100 attorneys in 23 U.S. cities, the firm partners with clients across every industry
sector to help them achieve their business goals. Read more about the firm’s litigation, transactional, and regulatory practices at
troutman.com.