Argosy Healthcare Partners (AHP) has announced a recapitalization and partnership with Command Medical Products to support its next stage of growth. This deal was facilitated and managed by MedWorld Advisors, a leading middle-market M&A advisory firm. Financial terms of the deal were not disclosed.
Command Medical Products provides contract manufacturing services for the production of single-use disposable medical devices to global medical device original equipment manufacturers and life sciences customers. Headquartered in Ormond Beach, Florida and founded in 1987, the company provides customized clean room manufacturing of single-use medical devices leveraging key technologies, including tube extrusion, radio frequency welding, heat sealing and sterile barrier packaging.
AHP is a lower middle market private equity investor focused exclusively on healthcare investments. AHP partners with founder-owned healthcare businesses anywhere in the United States with $1- $3 million of EBITDA and executes majority control transactions.
According to data captured in the LevinPro HC database, this acquisition marks the fifth contract development and manufacturing organization (CDMO) transaction of the year. There were 21 CDMO transactions announced during 2023, and 39 during 2022.
