News Article

 

PORT WASHINGTON, N.Y. — Drive Medical, a leading manufacturer of durable medical equipment and accessibility solutions, today announced the launch of Unbound IQ™ by Drive®, its new brand of connected, digital health, and tech-enabled solutions. With a growing portfolio of advanced technology, Unbound IQ helps providers support patients with clinically informed technology and data-driven insights that support earlier, more proactive care decisions.

 

Somerset, PA — DeVilbiss by Drive today announces the launch of the 555 Compact Oxygen Concentrator, a next-generation 5L platform engineered to help respiratory providers operate more efficiently, reduce long-term costs, and deliver a better patient experience.

A Smarter, More Efficient 5L Oxygen Concentrator

The 555 marks the first release in the DeVilbiss by Drive line of respiratory products assembled in the USA of domestic and foreign parts, following the rebranding of Drive DeVilbiss Healthcare to Drive Medical.

Building on the proven reliability and trusted performance of the time-tested DeVilbiss 525DS 5L concentrator, the 555 adds meaningful advancements in efficiency, size, and usability. The 555 is 33% more compact than its predecessor and weighs just 29.9 pounds—allowing providers to fit 36 units per pallet instead of 27, reducing freight costs, and easing the load on delivery teams. Operating at just 290 watts, it also delivers a 17 percent reduction in energy consumption, lowering operating costs for patients while reducing internal heat generation to support longer component life. A next-generation internal design with 30 percent fewer component connections, modular architecture, and streamlined component layout means faster diagnostics, simplified maintenance, and less labor time per service event, keeping fleet units in service longer.

Smart Technology Brings Real-Time Activity Monitoring to Walkers & Rollators

PORT WASHINGTON, N.Y. - January 29, 2026 - Drive Medical, a leading global manufacturer and distributor of durable medical equipment and respiratory products, announced today that it has signed a definitive agreement to acquire Compass Health Brands, a diversified supplier of branded and private label consumer medical products, including ProBasics™, Carex®, and TheraMed® products. 

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