Kingswood Capital Management to acquire Drive DeVilbiss Healthcare from CD&R.

Kingswood Capital Management, a private investment firm, agreed to acquire Drive DeVilbiss Healthcare, a global manufacturer and supplier of essential medical products used primarily in home settings, from CD&R, a private investment firm. Financial terms were not disclosed. “We are incredibly excited about our new partnership with Kingswood and are confident this new chapter for Drive DeVilbiss will be the most exciting yet. Kingswood is fully aligned with the management team on the company’s future growth strategy,” Derek Lampert, Drive CEO.