Tag: buyout bid
Quipt Home Medical agrees to buy out
December 15, 2025HME News Staff
CINCINNATI – Quipt Home Medical has agreed to be bought out by a special-purpose acquisition vehicle (SPAC) funded by two investment firms: Kingswood Capital Management and Forager Capital Management.
As part of the deal, the company’s shareholders will receive $3.65 per share in cash, representing a 162% premium to the company’s unaffected stock price on May 19, the last full day of trading prior to the public...
Quipt reportedly files suit amid ongoing buyout battle
September 9, 2025HME News Staff
WILDER, Ky. – The tug of war between Quipt Home Medical and Forager Capital Management continues. Quipt has reportedly filed a lawsuit against Forager, one of its largest shareholders, and Forager has released a statement standing by its offer to buy the company for $3.10 per share in cash.
Quipt in late August responded to Forager’s offer, saying it was only the latest in the firm’s “self-serving inferior and declining offers.” Quipt noted that Forager had...