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Inogen Inc. Enters Agreement to Sell Oxygen Rental Business to Rotech Healthcare Inc.

PRIVATESep 30, 2026

Acquiring Company

Rotech Healthcare Holdings

Acquired Company

Inogen

OrlandoGoletaHealth CareMedicalManufacturingBiotechnologyHealth CareMedicalMedical Device

Description

On September 29, 2026, Inogen, Inc. signed an Asset Purchase Agreement with Rotech Healthcare Inc. to sell substantially all assets related to its United States oxygen rental business. The transaction is valued at up to approximately $24.8 million, payable in six installments. The deal is subject to customary closing conditions and post-closing reconciliation.

Company Information

Company

Rotech Healthcare Holdings

Location

Orlando, Florida, United States

About

Rotech Healthcare Holdings, Inc. is a national leader in providing home medical equipment in the United States. It has over 4,200 employees and provides products and services in 46 states through approximately 325 operating locations. Rotech generated approximately $750 million of revenue and an EBITDA margin of nearly 30% in 2023.

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Frequently asked

Who acquired Inogen?

Inogen was acquired by Rotech Healthcare Holdings, based in Orlando. The deal was reported on September 30, 2026. Rotech Healthcare Holdings, Inc. is a national leader in providing home medical equipment in the United States. Rotech Healthcare Holdings is privately held and operates in Health Care.

When did Rotech Healthcare Holdings acquire Inogen?

Rotech Healthcare Holdings's acquisition of Inogen was reported on September 30, 2026. On September 29, 2026, Inogen, Inc. signed an Asset Purchase Agreement with Rotech Healthcare Inc. to sell substantially all assets related to its United States oxygen rental business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Inogen do?

Inogen is a leading global medical technology company offering innovative respiratory products for use in the homecare setting. It is publicly traded (INGN), operating in Manufacturing, and is based in Goleta.

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