The Silverfern Group Invests in in Partnership with Cathay Capital

Greenwich, Connecticut, October 28, 2022 – The Silverfern Group (“Silverfern”), an investment management firm making direct investments in middle market private equity globally, today announced that it has made a strategic investment in in partnership with Cathay Capital.

Founded in 1999, and based in Houston, Texas, serves the $3.7 billion market for obstructive sleep apnea (”OSA”) equipment. offers machines, supplies and accessories via its DTC e-commerce website to patients suffering from OSA. The company’s product offering includes Positive Airway Pressure (“PAP”) machines and accessories, which help prevent airway collapse in OSA patients while they sleep.  For over 20 years, the Company has been at the forefront of digital innovation in the delivery of PAP products, leveraging its user-friendly platform and superior customer experience to establish itself as the top player in the cash-pay market for the distribution of OSA treatment equipment.

“We are excited to partner with Cathay Capital in our investment in, the top internet retailer of Sleep Apnea equipment in the world” said Silverfern Managing Director Edward Rimland. “We believe’s management has built the market leader in the distribution of OSA treatment equipment and we look forward to supporting the next phase of the Company’s growth.”

Silverfern Managing Partner Clive Holmes added “The investment again demonstrates Silverfern’s ability to access attractive and high growth local investments, as we continue to invest on a global basis. We look forward to working closely with senior management and Cathay Capital to help continue its leadership in the self pay PAP equipment market and to grow in the broader market serving the increasingly important concept of sleep wellness.”


Based in Houston, is the top internet retailer of Sleep Apnea equipment in the world. offers a large product offering, a peer support community and exceptional customer service to further our mission of being the place for all things Sleep Apnea. Founded in 1999, led the Sleep Apnea self pay movement and hosts, the world’s largest peer to peer support community for CPAP users. Company website:

About Silverfern

Silverfern is a global middle-market investment management firm. From its offices in Greenwich and Sydney, its experienced, cohesive team of senior investment professionals makes investments in global middle-market private equity. Targeting $15 million to $25 million equity per investment in partnership with qualified local investment partners, whom we select for their specific industry knowledge and local market experience, Silverfern seeks to invest in buyouts, build-ups, acquisitions, growth equity and recapitalizations worldwide. Additional information is available at


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