News Article

Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) is pleased to announce it has signed a definitive agreement to acquire Drive DeVilbiss Healthcare (“Drive” or the “Company”) from CD&R. Drive’s existing management team will continue to lead the Company, ensuring continuity in customer relationships and strategic execution. Kingswood will leverage its extensive network, industry expertise, and capital base to support Drive’s continued growth. The transaction is expected to close later this year, subject to customary legal and regulatory requirements.

Perris, CA — September 19, 2025 — Drive DeVilbiss Healthcare, a leading provider of durable medical equipment, is excited to announce its brand-new distribution center in Perris, California. This state-of-the-art facility will enhance DDH’s coast-to-coast distribution network, joining a nationwide portfolio that includes the 1.05-million-square-foot Atlanta-area distribution center, as well as strategically located centers in South Brunswick, NJ, and Vaughan, Ontario.

Acquisition expands access to research-backed technology that helps people with neuroambulatory disorders stay active and reduce fall risk 

Designed for operation in harsh and difficult conditions, the PulmO2 brings oxygen therapy to millions in underserved regions 

Chief Innovation Officer Max Younger Will Head Industrial Design at Medical Equipment Manufacturer

June 24, 2024 – PORT WASHINGTON, NY - Drive DeVilbiss Healthcare (DDH) is pleased to announce the acquisition of Mobility Designed, Inc.’s full portfolio of products. This strategic acquisition will enhance DDH's portfolio of innovative medical equipment while integrating cutting-edge industrial design expertise directly into its operations.

Port Washington, NY - Drive DeVilbiss Healthcare (DDH), a leading provider of respiratory products for more than 135 years, is mobilizing its resources to address the supply gap resulting from Philips Respironics' Thursday announcement that it will not return to the sale of portable and stationary oxygen concentrators in the United States. 

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