Aspen Surgical, a portfolio company of Audax Private Equity, announced that it purchased Symmetry Surgical Inc. The company was sold by RoundTable Healthcare Partners, LLC. Terms were not disclosed.
William Blair and Baird acted as financial advisors to Symmetry. Gibson, Dunn & Crutcher LLP acted as exclusive legal advisor to RoundTable. The sale was completed on October 27, 2022.
Founded in 1999, Aspen Surgical is a medical equipment manufacturer based out of Caledonia, Michigan. It manufactures products such as blades/scalpels, needles, wound closures and surgical clamps.
Symmetry Surgical develops and delivers innovative surgical instruments for clinicians. It manufactures instruments such as forceps and knives but also tools for electrosurgery such as generators, cauteries and colposcopes.
According to the LevinPro HC database, this transaction marks the 100th Medical Device acquisition of the year and fifth of the quarter.
