With its recent acquisitions of Quipt Home Medical and Drive Medical, Kingswood Capital Management sees plenty of opportunity in the home medical equipment industry to take high-quality platforms and grow them both organically and through M&A, says Kingswood Partner Michael Niegsch. “We focus on situations with strong downside protection and multiple levers for value creation,” he said. “The HME market fits that well, given its non-discretionary demand. You’ve got aging demographic trends, and you’ve got the continued shift toward home-based care, which is significantly more cost effective than institutional settings.” Niegsch spoke with HME News recently about how Kingswood plans to take its HME investments to the next level.
Read the full article: Scale Matters: Kingswood Writes Quipt’s Growth Story //
Source: https://www.hmenews.com/article/scale-matters-kingswood-writes-quipt-s-growth-story