Invacare Corporation
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Invacare Corporation - overview
Established
1885
Location
Elyria, OH, US
Primary Industry
Medical Devices & Equipment
About
Founded in 1885 in Elyria, US, Invacare Corporation is a manufacturer of medical products that enhance mobility and healthcare. In August 2025, Rhone Group agreed to acquire a majority stake in Invacare Corporation. The current CEO is Geoffrey Purtill. Invacare Corporation specializes in providing a diverse range of medical products and services primarily aimed at enhancing the quality of life for individuals with limited mobility and specific health needs.
Their core product offerings include wheelchairs, mobility scooters, hospital beds, and respiratory products, which facilitate improved mobility and healthcare in both home and institutional settings. Invacare's solutions are engineered to support rehabilitation, promote independence, and ensure comfort for users facing mobility challenges or requiring medical assistance. The company’s products are utilized by healthcare providers, nursing facilities, and consumers across North America, Europe, and parts of Asia, reflecting a strong client base that includes both B2B partnerships with healthcare institutions and direct-to-consumer sales to individuals and families. Invacare generates revenue through multiple channels, including direct sales to healthcare providers, retail partnerships, and direct-to-consumer transactions.
The company engages in business transactions via a structured approach that often involves B2B partnerships, allowing for bulk purchasing agreements with hospitals and rehabilitation centers. Within this structure, pricing may vary based on the product type and service requirements, with flagship offerings like their trademarked wheelchairs and mobility devices commanding premium pricing due to their advanced features and reliability. Their revenue model is designed to adapt to various market demands while maintaining a focus on delivering high-quality healthcare solutions.
Current Investors
Rhone Group
Primary Industry
Medical Devices & Equipment
Sub Industries
Medical Devices & Equipment
Website
www.invacareamerica.com/
Verticals
AdTech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Invacare Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Invacare Corporation | - | ||||||||
| Private Debt | Completed | Invacare Corporation | - | ||||||||
| Add-on | Completed | Invacare's ProBasics Brand | - | ||||||||
| Buyout | Completed | Altimate Medical, Inc. | - | ||||||||
| Buyout | Completed | Champion Manufacturing, Inc. | - |
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