PE Firm Shore Capital Partners Sells Argentum Medical to BioDerm
Chicago-based private equity firm Shore Capital Partners announced the sale of Argentum Medical to BioDerm, a portfolio company of Denver-based private equity firm Mountaingate Capital. The transaction closed on January 31, 2023. Moelis & Company served as financial advisor to Argentum and Winston & Strawn LLP served as legal advisor to Shore and Argentum. Terms of the deal were not disclosed. Based in Geneva, Illinois, Argentum is a provider of infection prevention solutions for the management of wounds. Notably, it manufactures Silverlon, a silver-plated nylon dressing with unique antimicrobial properties. Argentum’s product lines include surgical, burn care, wound care, negative... Read More »
Avania Acquires MAXIS
Avania, which is headquartered in the Netherlands, has acquired San Jose, California-based MAXIS. MAXIS’ clients will benefit from Avania’s international footprint, gaining access to the company’s network in the U.S., EU and Australia. Avania brings enhanced services to the combined company — including biostatistics, data analytics and medical writing. Terms of the deal were not disclosed. Avania is a contract research organization with specialized expertise in medical devices, novel technology and combination products. It advances products from feasibility through post-approval trials in analytics, clinical trials, consulting, regulatory and reimbursement. MAXIS is a medical technology... Read More »
Tyber Medical Acquires ADSM-Synchro Medical
Morristown, New Jersey-based Tyber Medical LLC has acquired 100% of the capital of ADSM-Synchro Medical (ADSM), a French orthopedic medical device company. The acquisition of ADSM will play a key role in strengthening Tyber Medical’s international presence and fueling its global growth strategy with a wider range of product options in the MIS bunion, PEEK hammertoe and screw fixation arenas. Terms of the deal were not disclosed. ADSM specializes in the development and distribution of implants dedicated to treating surgical forefoot pathologies. Founded in 2010, ADSM has become a market leader in the European medical device industry with products like the ToeGrip Classic, the first hammer... Read More »
Mobility Ideal Health Care Acquires Green Prosthetics and Orthotics
Mobility Ideal Health Care has acquired Green Prosthetics and Orthotics, Inc. Generational Equity acted as the advisor to Green Prosthetics and Orthotics in the sale. Terms of the deal were not disclosed. Located in Erie, Pennsylvania, and with multiple locations in Pennsylvania and New York, Green Prosthetics and Orthotics is a custom fabricator of prosthetic and orthotic devices. The company has been providing medical equipment to patients and hospitals for more than 80 years. Mobility Ideal Health Care, headquartered in Edison, New Jersey, has nine locations. The company provides mobility services, including prosthetics, orthotics and diabetic foot care, physical and occupational... Read More »
Companion Spine Acquires Backbone
New York-based Companion Spine LLC has acquired Backbone SAS. Founded in 2015 and based in France, Backbone designs, develops, manufactures and markets implantable medical devices for spine surgery. The acquisition of Backbone by Companion Spine strengthens the company’s scientific link with the School of Spine Surgery of the University of Bordeaux. Founded in 2020, Companion Spine specializes in the diagnosis and interventional and surgical treatment of spine conditions. Companion Spine’s technologies and solutions target degenerative disc disease and lumbar spinal stenosis. According to data captured from the LevinPro HC database, this acquisition represents the 11th Medical... Read More »Schedule a demo
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