HeliosDX combined with Grandeza Healthcare brings RushNet's annual revenue to a run rate exceeding $7,800,000 in comparison to August's previously announced trend towards $7.6 million combined annual revenue. RushNet continues to execute its plans in bringing smaller, yet profitable companies to the public market with great products or services - companies which foster benefits to one another, enabling each to grow organically. In the coming months, Grandeza expects rapid growth as it intends to add a department within the company focused on temporary healthcare employment. heliosDX, as previously stated, continues to grow its services surrounding Infectious Disease and Behavioral Toxicology to further strengthen its revenues and achieve the 2021 stretch target.
As reported Sunday, August 22, 2021, on Newsmax, Grandeza Healthcare joined RushNet, Inc. as its newest subsidiary. This is RushNet's second acquisition in as many months. In July 2021, RushNet acquired heliosDX which is the sister company to Grandeza Healthcare, enjoying cross synergies. These two acquisitions really set the foundation for Rushnet, Inc and paves the way for the future.
Rushnet recently signed a term sheet with a private family office to provide funding, as needed, of up to $20,000,000. These funds will be utilized to further position Rushnet, heliosDX and Grandeza Healthcare through acquisition and growth initiatives. The initial acquisitions include profitable and growing laboratories. Such acquisitions not only enhance the breadth of operations and thus profitability of the laboratories themselves, but they also enhance the profitability of Grandeza Healthcare.
https://www.accesswire.com/663890/rushnet-inc-rshn-heliosdx-grandeza-healthcare-surpass-78-million-revenue-run-rate