Triton Pacific Sells Columbia Medical to Drive Medical
April 14, 2015
Triton Pacific Capital Partners has sold portfolio company Columbia Medical Manufacturing to Drive Medical, a global manufacturer of durable medical equipment. Founded in 1978, Columbia is a manufacturer of complex rehabilitation products designed to enhance the lives of children with disabilities. Its offering includes wheelchairs, aircraft transfer chairs, bath & shower products and car seats. The sale of Columbia generated a 3x return on the initial investment.