Tag: Kingswood Capital Management
Scale matters: Kingswood writes Quipt’s growth story
May 8, 2026Theresa Flaherty, Managing Editor
LOS ANGELES – With its recent acquisitions of Quipt Home Medical and Drive Medical, Kingswood Capital Management sees plenty of opportunity in the home medical equipment industry to take high-quality platforms and grow them both organically and through M&A, says Kingswood Partner Michael Niegsch.
“We focus on situations with strong downside protection and multiple levers for value creation,” he said. “The HME market fits that well, given its non-discretionary demand. You’ve...
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...
Drive DeVilbiss Healthcare changes hands in new private equity deal
October 17, 2025HME News Staff
LOS ANGELES – Kingswood Capital Management, a Los Angeles-based private equity firm, has signed a definitive agreement to buy Drive DeVilbiss Healthcare from Clayton, Dubilier and Rice (CD&R).
Drive’s existing management team, including CEO Derek Lampert, will continue to lead the company, ensuring continuity in customer relationships and strategic execution, Kingswood said.
“We are incredibly excited about our new partnership with Kingswood and are confident this...