PE-Backed Vantage Surgical Solutions Acquires Ophthalmic Surgical Solutions
Vantage Surgical Solutions, a portfolio company of private equity firm Pharos Capital Group, announced its acquisition of Ophthalmic Surgical Solutions (OSS). According to data captured in the LevinPro HC database, this transaction represents the 68th Medical Devices transaction of 2023. Founded in 2015, OSS is a Lecompton, Kansas-based company specializing in ophthalmic surgical equipment and services. Vantage Surgical Solutions is a leading provider of mobilized surgical solutions. Vantage has been equipping facilities for specialty surgical services since 1991, with customers in 23 states. The company currently delivers cataract surgery equipment, IOLs, instrumentation, disposables,... Read More »
ResMed Acquires Somnoware to Expand Sleep Management Offerings
ResMed announced its acquisition of Somnoware, a Sunnyvale, California-based provider of sleep and respiratory care diagnostics software. Somnoware is a cloud-based platform for enhanced respiratory care management. Somnoware designed its software to streamline the processes of physicians and sleep and pulmonary function testing labs as they diagnose and evaluate sleep and respiratory care test results. Through the platform, positive airway pressure (PAP) therapy can run more efficiently. The software can electronically provide PAP information directly into a patient’s electronic health record. ResMed develops, manufactures and markets medical equipment for the diagnosis, treatment and... Read More »
Luciole Medical Acquires Spiegelberg
Luciole Medical AG, a Swiss medical technology company, announced on June 27 that it acquired Spiegelberg GmbH & Co. KG from SHS Capital. According to data captured in the LevinPro HC database, this transaction represents the 64th Medical Devices transaction of 2023. Spiegelberg develops, produces and distributes products for intracranial pressure measurement, cerebrospinal fluid drainage and IAP measurement in more than sixty countries. The company is based in Hamburg, Germany. SHS Capital is a private equity firm in Tübingen, Germany. It has approximately $272 million in assets under management. Luciole Medical AG is developing a unique next-generation platform of brain... Read More »
Gemspring Capital-Backed Zavation Acquires CoreLink
Zavation Medical Products, LLC, a portfolio company of Gemspring Capital, announced on June 26 that it has acquired CoreLink, LLC from The Stephens Group, LLC for an undisclosed price. According to data captured in the LevinPro HC database, this transaction marks the 62nd Medical Devices acquisition of 2023. The combination of Zavation and CoreLink brings together two highly complementary product portfolios across spine and interventional pain management, geographic footprints and customer bases spanning in-patient and outpatient delivery of care. Zavation and CoreLink will continue to operate under their respective brands and the combined business will be led by Zavation CEO Jeffrey... Read More »
