Back

Linklaters advises Rhône on the acquisition of Invacare Holdings and Direct Healthcare Group

Linklaters has advised investment vehicles affiliated with Rhône, the global private equity firm, on the acquisition of a majority share of Invacare Holdings, based in the U.S., and Direct Healthcare Group (DHG), based in the UK, together with the associated financing.

The proposed acquisition brings together two companies with complementary capabilities and product lines in designing, manufacturing, and distributing medical devices that support an individual’s mobility, safety, and care.

Pending consultation with the relevant employee representative bodies and regulatory approvals, Rhône will hold a majority share in the combined business globally. DHG’s previous private equity backer, ARCHIMED, will retain a minority interest.

The investment will enable the combined global business to address both major and nuanced mobility challenges, whether moving from A to B or making critical small adjustments to repositioning, delivering real impact for individuals, caregivers, and healthcare systems.

Together, Invacare and DHG will operate with an expanded global footprint and a broader product and service offering across mobility, pressure care, and rehabilitation, with the aim of becoming one of Europe’s leading providers in the post-acute mobility care sector.

LEGAL DESIRE NEWSLETTER

Where the legal industry reads first.

Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.

No spam. Unsubscribe anytime.

From Legal Desire

Is your firm the one being cited, or the one being skipped?

We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.

Lawyers and firms: get featured on Legal Desire

Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.

Get featuredSubmit a press release
See the full deal record on DealDatabase
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
Lavanya Dhamija
Reports Deals, Law firm and In-house updates