Tag: Forager Capital Management
Quipt Home Medical enters new phase
March 16, 2026HME News Staff
CINCINNATI – Quipt Home Medical has completed its sale to affiliates of Kingswood Capital Management and Forager Capital Management for $3.65 per share, ending a contentious nine months for the home medical equipment (HME) company.
The company will be delisted from the NASDAQ and the Toronto Stock Exchange at close of business on March 17.
“We are pleased to announce the successful conclusion of this transformative transaction, which initiates an exciting new phase for Quipt as...
Short takes: Quipt Home Medical, Sanford Health
March 9, 2026HME News Staff
Cincinnati, Ohio-based Quipt Home Medical expects to close on its sale to Kingswood Capital Management and Forager Capital Management on March 16, 2026. The company announced on March 5 that the Supreme Court of British Columbia issued a final order related to the sale, paving the way for the close, assuming all other terms and conditions are satisfied. Quipt Home Medical announced late last year that it had agreed to a buy out by a special-purpose acquisition vehicle (SPAC) funded by the two investment...
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...
In brief: Quipt Home Medical buyout bid, ACO performance, skin substitute spend
September 10, 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 Quipt 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 previously...
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...
UPDATED: Quipt Home Medical responds to latest takeover bid from Forager Capital Management
August 27, 2025HME News Staff
WILDER, Ky. – Quipt Home Medical says an updated acquisition proposal from Forager Capital Management is only the latest in the shareholder’s “self-serving inferior and declining offers.”
FCM’s August proposal
FCM in August submitted an updated acquisition proposal to acquire all issued and outstanding common shares of the company for $3.10 per share in cash. It said the proposed $3.10 all-cash offer represents a significant premium over Quipt’s...
Quipt Home Medical shareholder Forager Capital Management proposes $3.10 per share acquisition
August 26, 2025HME News Staff
WILDER, Ky. – Quipt Home Medical shareholder Forager Capital Management (FCM) has submitted an updated and immediately actionable acquisition proposal to acquire all issued and outstanding common shares of the company for $3.10 per share in cash, according to a recent Securities and Exchange Commission (SEC) filing.
FCM says the proposed $3.10 all-cash offer represents a significant premium over Quipt’s recent trading prices, including a 120% premium over the $1.41 unaffected...
Quipt receives buyout offer
May 21, 2025HME News Staff
CINCINNATI — Quipt Home Medical has announced that it has received an unsolicited non-binding and conditional and indicative proposal from Forager Capital Management to acquire 100% of the company’s issued and outstanding common shares for $3.10 per common share.
Quipt entered into a non-disclosure and standstill agreement with Forager Fund, L.P. and FCM in February. The agreement provides that Forager and its representatives will, for a period of six months after the date of...