Quipt Home Medical Completes Arrangement With Kingswood and Forager

The home medical equipment provider is now privately held after the $3.65 per share deal.

Mar. 16, 2026 at 11:54am

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Quipt Home Medical Corp., a U.S. based home medical equipment provider focused on respiratory care, has successfully completed a previously announced plan of arrangement to be acquired by affiliates of Kingswood Capital Management and Forager Capital Management. Under the deal, the purchaser acquired all outstanding Quipt shares for $3.65 per share, taking the company private.

Why it matters

The transaction marks an exciting new chapter for Quipt as it transitions to private ownership. The company's patient-first approach and commitment to clinical excellence have positioned it as a leader in home-based respiratory care, and the new partnership with Kingswood and Forager is expected to support Quipt's long-term growth and momentum.

The details

Pursuant to the arrangement, the purchaser, which included funding from affiliates of Kingswood and Forager, acquired all of Quipt's outstanding common shares for $3.65 per share. The company's outstanding stock options and restricted share units were also cancelled in exchange for cash payments. With the completion of the deal, Quipt's shares have ceased trading on the Nasdaq and Toronto Stock Exchange, and the company intends to apply to cease being a reporting issuer in Canada and the U.S.

  • The arrangement agreement was dated December 14, 2025.
  • The arrangement was completed on March 16, 2026.
  • Quipt's shares will be delisted from the Nasdaq and Toronto Stock Exchange on March 17, 2026.

The players

Quipt Home Medical Corp.

A U.S. based home medical equipment provider focused on end-to-end respiratory care.

Kingswood Capital Management, L.P.

An affiliate of Kingswood that provided funding for the acquisition of Quipt.

Forager Capital Management, LLC

An affiliate of Forager that provided funding for the acquisition of Quipt.

Greg Crawford

Chief Executive Officer of Quipt.

Michael Niegsch

Partner at Kingswood.

Johnny Wilhelm

Partner at Forager.

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What they’re saying

“We are pleased to announce the successful conclusion of this transformative transaction, which initiates an exciting new phase for Quipt as a privately held entity.”

— Greg Crawford, Chief Executive Officer of Quipt (Globe Newswire)

“Today marks an exciting milestone for Quipt. We are grateful to Greg Crawford, Hardik Mehta, and the entire Quipt team for the strong foundation they have built, and we are thrilled to officially begin our partnership together.”

— Michael Niegsch, Partner at Kingswood (Globe Newswire)

“Today marks an exciting milestone for Quipt. We are grateful to Greg Crawford, Hardik Mehta, and the entire Quipt team for the strong foundation they have built, and we are thrilled to officially begin our partnership together.”

— Johnny Wilhelm, Partner at Forager (Globe Newswire)

What’s next

The company intends to apply to cease to be a reporting issuer in Canada and to terminate its public reporting obligations in Canada and the U.S.

The takeaway

The successful completion of this transaction marks an important milestone for Quipt, as it transitions to private ownership under the partnership of Kingswood and Forager. This move is expected to position the company for continued growth and success in the home-based respiratory care market.