Quipt Home Medical Corp. has reached a significant milestone in its acquisition process as the Supreme Court of British Columbia issued a final order approving the plan of arrangement. Under the terms of the agreement, affiliates of Kingswood Capital and Forager Capital will acquire the company in an all-cash transaction. Shareholders are set to receive a cash consideration of US$3.65 per share upon the deal's closing. This judicial approval marks a critical step toward taking the medical equipment provider private and removing remaining legal uncertainties. The transaction is currently expected to be completed by March 16, 2026, pending the satisfaction of final customary closing conditions. This development significantly increases the certainty of the deal, likely driving the stock price to converge toward the agreed acquisition value.
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