Pillsbury Advises Aeroflow Health on Acquisition of Canopie, Inc.

The acquisition builds on a partnership that began in 2022, when Aeroflow first invested in Canopie after the companies successfully collaborated to expand support for expecting and new mothers.

Headquartered in Asheville, North Carolina, Aeroflow is a leading provider of durable medical equipment and health services. Through its flagship business, Aeroflow Breastpump, the company connects mothers with lactation supplies, feeding support and perinatal education, while continuing to expand its comprehensive maternal health platform. Canopie provides evidence-based virtual preventive care programs for expecting and new mothers, with a focus on mental health and physical wellness.

Together, Aeroflow and Canopie will offer expecting and new mothers an integrated continuum of care, combining essential supplies, services, clinical support and resources. The combined platform is designed to address social determinants of health and help overcome the barriers that make getting care challenging and at times impossible to access.

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The Pillsbury deal team was led by Corporate partner David Lillevand and included special counsel Caitlin Bloom Stulberg and associate Carissa Lee; Employment Law partner Rebecca Carr Rizzo; Tax senior counsel Laura Watts; and Finance counsel Olivia Lugar.