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CRH Medical Acquires 66% Share of Orange County Anesthesia
Friday 07 August 2020

Canada-based CRH Medical Corp. (TSX: CRH) (NYSE MKT: CRHM) has acquired a 66% interest in Florida-based gastroenterology anesthesia practice Orange County Anesthesia Associates, LLC to deepen presence in Florida, the company said.

Terms of the transaction were not disclosed. Orange County provides anesthesia services to a single GI ambulatory surgery centre.

The transaction was financed through a combination of CRH's credit facility and cash on hand.

The transaction deepens CRH's presence in Florida to nine ambulatory surgery centres.

CRH Medical Corp. is a North American company focussed on providing gastroenterologists throughout the United States with innovative services and products for the treatment of gastrointestinal diseases.
Date Published: 07/08/2020