Lake Forest-based Apria Healthcare Group Inc. is up for sale, according to an industry website.
Privately held Apria provides breathing treatments and durable medical equipment to patients in their homes.
Website PE Hub recently reported that Blackstone Group LP, Apria’s owner, has held recent talks to sell Apria and may have already hired Goldman Sachs to advise in the process. Apria declined comment on the reports.
It went private in 2008 when Blackstone bought it for $1.6 billion.
The company reported financial data for several years after it went private because some of its bonds were publicly traded. That changed in January, when the company said in a Securities and Exchange Commission filing that it had retired the debt and would no longer report its results.
Apria paid off the debt shortly after it sold its Coram home-infusion pharmacy business unit in late 2013 to Woonsocket, R.I.-based CVS Corp. for $2.1 billion. Coram accounted for about 50% of Apria’s estimated $2 billion in annual revenue.
