Rhône to acquire Invacare Holdings and Direct Healthcare Group

Rhône, a middle-market private equity firm, agreed to acquire Invacare, a global manufacturer and distributor of non-acute medical equipment, and Direct Healthcare Group, a medical devices manufacturer. Financial terms were not disclosed. “Rhône is pleased to partner with Invacare, DHG, and ARCHIMED in this next phase of growth. Both Invacare and DHG have a differentiated approach as an innovator in their distinctive product categories and in the geographies in which they serve their customers. We look forward to partnering with the talented teams in each company to help build on the strong existing foundation and support the combined company’s management team in driving the continued growth and development over the coming years,” Patrick Mundt, Rhône Managing Director.