Invacare

Elyria, United States Founded: 1885 • Age: 141 yrs Acquired By Rhone Group
Diversified assistive hardware solutions are provided for people with disabilities.
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Invacare

Invacare is a company based in Elyria (United States) founded in 1885 was acquired by Rhone Group in August 2025. Invacare has completed 2 acquisitions, including Dynamic Medical Systems and Freedom Designs. Invacare offers products and services including Power Wheelchairs and Daily Living Aids.

  • Headquarter Elyria, United States
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Invacare Holdings Corporation
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $100 M (USD), Post-IPO

    Mar 10, 2021

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Rhone Group

    (Aug 11, 2025)

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Products & Services of Invacare

Invacare offers a comprehensive portfolio of products and services, including Power Wheelchairs and Daily Living Aids.

Product name locked
Category locked
Primary

Power wheelchairs are provided to enhance mobility and independence for users in home care settings.

Product name locked
Category locked
Locked

Daily living aids are offered to support everyday activities and promote active lifestyles among individuals.

People of Invacare

Headcount 1000-5000
Employee Profiles 14
Board Members and Advisors 5
Employee Profiles
People
Joost Beltman
SVP & General Manager, North America
People
Matthew E. Monaghan
Chairman, President & CEO
People
Geoffrey Purtill
SVP & General Manager, EMEA & Asia-Pacific
People
Linda Baxter
Vice President North American Resources

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Board Members and Advisors
people
Marc M. Gibeley
Board Member
people
C. Martin Harris
Board Member
people
Stephanie L. Fehr
Board Member
people
Susan H. Alexander
Board Member

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Funding Insights of Invacare

Investors in Invacare

Invacare has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Rhone Group.

All
Venture Fund
Investor Description Founded Year Domain Location
Investment banking firm offering private equity investments
Locked Locked Locked
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Investor details for Invacare

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Invacare

Invacare has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dynamic Medical Systems and Freedom Designs.

Investments
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Investment portfolio details for Invacare

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Wound care and safe patient handling systems are manufactured.
Locked Locked 1995 Locked
Wheelchairs and seating systems are manufactured for mobility assistance.
Locked Locked 1982 Locked
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Complete acquisition details for Invacare

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Invacare

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Detailed financials for Invacare

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  • Profit trends
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Invacare Comparisons

Invacare Primary company
Description
Diversified assistive hardware solutions are provided for pe...
Location
Elyria, United States
Founded Year
1885
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Invacare

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Competitors of Invacare

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Detailed competitors of Invacare

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Latest news on Invacare

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Complete news archive for Invacare

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Frequently Asked Questions about Invacare

Invacare was founded in 1885 and raised its 1st funding round 131 years after it was founded.

Invacare is headquartered in Elyria, United States. It is registered at Elyria, Ohio, United States.

Matthew Monaghan is the current CEO of Invacare.

Provider of diversified assistive hardware solutions for people with disabilities. The home care products include rehab products (wheelchairs, scooters, seating and positioning systems), respiratory products (oxygen and aerosol therapy), and standard products (bath safety, walkers, beds). Invacares product portfolio targeting the long-term care market includes beds, furnishings, bathing, mobility, respiratory, dialysis chairs, patient care, transfer, and transport equipment. It has also designed and developed innovative, trademarked and proprietary products (mattresses, wheelchairs, bath lifts, etc.,) keeping in mind the needs of patients with disabilities.

Invacare offers Power Wheelchairs and Daily Living Aids.

Invacare has made 2 acquisitions, including Dynamic Medical Systems, and Freedom Designs.

Invacare has 1 investor. Key investors include Rhone Group.

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