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Drive Medical: 'It is business as usual'

August 16, 2016HME News Staff

PORT WASHINGTON, N.Y. - Drive Medical has sent a letter to its customers in response to reports that private equity firm Clayton, Dubilier & Rice is close to buying the company.Drive Medical, which currently calls private equity firm Ferrer, Freeman & Co. a minority stockholder, seeks additional equity capital to continue its growth strategy, the Aug. 12 letter states.“Given the company's position within the healthcare industry, its prospects, multiple channels of growth and acquisition strategy,...

Drive Medical, Ownerships, Private Equity


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