NEW YORK – Clayton, Dubilier & Rice has completed its equity investment in Drive DeVilbiss Healthcare, it announced Jan. 4. The deal allows Drive to continue its organic growth strategy, as well as provide the company with additional capital for future acquisitions.
PORT WASHINGTON, N.Y. – Drive DeVilbiss Healthcare has extended its warranty on all scooters and power chairs. Effective Nov. 1, new scooter and power chair purchases from Drive DeVilbiss will have a 12-month warranty on batteries, and a 24-month warranty on electronics.
PORT WASHINGTON, N.Y. – A wholly owned subsidiary of Drive DeVilbiss Healthcare has acquired the mobility and bath safety businesses of AMG Medical, a Montreal-based wholesale distributor of medical professional and home healthcare products.
PORT WASHINGTON, N.Y. – With a forthcoming “significant investment” from New York-based private equity firm Clayton, Dubilier & Rice, Drive DeVilbiss Healthcare is ready to double down on the HME industry, a company exec says.