PORT WASHINGTON, N.Y. — Drive Medical has finalized a definitive agreement to acquire Compass Health Brands, merging two established leaders in home care, respiratory, and retail health products.
Under the agreement, Compass Health Brands and its portfolio, including Carex, AccuRelief, TheraMed, and other brands, will join the Drive Medical organization. Financial terms were not disclosed.
Company executives stated that the transaction aims to expand product offerings, boost innovation, and improve customer support across the home medical equipment and consumer health categories. The combined organization will maintain existing products, service levels, and ordering processes throughout the transition period.
“By uniting our strengths, we are creating a more dynamic and capable organization that is better positioned to support customers and the people they serve,” said Derek Lampert, chief executive officer of Drive Medical, in a statement.
Drive Medical stated that its integration efforts aim to maintain continuity while exploring opportunities to expand its product portfolio and gradually improve services. Customers will be updated throughout the transition.
The acquisition contributes to ongoing consolidation in the home care and durable medical equipment industry, as suppliers pursue scale, brand diversification, and operational efficiencies to better serve providers and retail partners.
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