RANA Respiratory Care Group (RANA) is pleased to announce its acquisition of Edmonton-based Provincial Sleep Group Canada and Provincial Home Oxygen (Provincial). In support of this strategic acquisition, RANA received a significant investment from Winnipeg-based Megill-Stephenson Company who will bring their substantial business experience and perspective to RANA’s Board of Directors.
Earl Gardiner, RANA’s Founder and Executive Chairman, shared, “It’s a very exciting time for RANA! This past September RANA’s staff celebrated and reflected on 30 years of providing care. This acquisition of a likeminded, caring organization is a clear demonstration of our company’s commitment to the future and our determination to make our services available across Canada.”
The acquisition of Provincial is an important step in positioning RANA as one of western Canada’s largest privately-owned providers of diagnostics and treatment for obstructive sleep apnea and home oxygen services. Similar in size to RANA, Provincial has a strong presence in the province of Saskatchewan, central/northern Alberta, as well as coastal British Columbia. This move expands the organization’s ability to provide high quality services to clients across western Canada with locations spanning from Winnipeg to Victoria.
“We are excited about the acquisition of Provincial as we believe there is a considerable opportunity for this new combined entity to provide leadership in the market, to provide rewarding opportunities for employees, and provide an even higher level of quality client care,” says Cory McArthur, RANA’s President and CEO.