Quipt Home Medical was acquired by an affiliate of REM Aggregator, LLC, utilizing funding and backing from private equity affiliates Kingswood Capital Management and Forager Capital Management. Following a comprehensive review of strategic alternatives, the transaction successfully closed via a statutory plan of arrangement, valuing the home medical equipment provider at approximately $260 million including existing debt. Under the terms of the agreement, shareholders received $3.65 per share in cash, which successfully transitioned the enterprise from a publicly traded corporation into a privately held, wholly owned subsidiary.