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Kingswood Capital Management Enters into a Definitive Agreement to Acquire Drive DeVilbiss Healthcare, a Leading Global Manufacturer and Supplier of Essential Medical Products

LOS ANGELES–(BUSINESS WIRE)–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

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