ArchiMed Acquires ZimVie for $730 Million
On July 21, ArchiMed announced that it purchased ZimVie for $730 million. ZimVie stockholders will receive $19 in cash for each share of ZimVie common stock outstanding at the closing of the transaction. ZimVie is a global life sciences leader in the dental market that develops, manufactures and delivers a comprehensive portfolio of products and solutions designed to support dental tooth replacement and restoration procedures. Zimvie spun out of Zimmer Biomet in 2022 and has since broken off into smaller pieces. ArchiMed is an independent private equity investment firm focused exclusively on the healthcare industry. It has directly managed and invested in more than... Read More »
PE-Backed TEAM Technologies Buys Duke Empirical
TEAM Technologies announced on July 7 its acquisition of Duke Empirical, Inc. TEAM Technologies is a portfolio company of Arlington Capital Partners, a Washington, D.C.-area private investment firm specializing in government-regulated industries. Based in Morgan Hill, California, Duke Empirical is a designer, developer and manufacturer of advanced medical devices for interventional cardiovascular applications. Duke specializes in catheters and minimally invasive delivery systems. Headquartered in Knoxville, Tennessee, with facilities throughout the United States, Mexico and Singapore, TEAM Technologies is a specialized end-to-end outsourced manufacturer of mission-critical,... Read More »
Avista Healthcare Partners Acquires EBI from Highridge Medical
Avista Healthcare Partners, a private equity firm focused exclusively on healthcare, has announced its acquisition of EBI, the bone healing division of Highridge Medical. Headquartered in Parsippany, New Jersey, EBI is focused on electrobiology innovations and has a large portfolio of clinically proven, safe and effective implantable and non-invasive bone growth stimulation solutions to support bone regeneration and healing outcomes. Founded in 2005, Avista Healthcare Partners (formerly Avista Capital Partners) is a New York-based private equity firm with more than $9 billion invested in more than 50 growth-oriented healthcare businesses globally. The acquisition marks the 50th platform... Read More »
Investindustrial Buys Irish Company DCC Healthcare
Investindustrial announced that it is acquiring DCC Healthcare. The acquisition values DCC Healthcare at a total enterprise value of £1 billion ($1.4 billion USD) on a cash-free, debt-free basis. Arthur Cox advised Investindustrial in the deal. DCC Healthcare is the healthcare unit of DCC plc, an Irish international sales, marketing and support services group. DCC Healthcare offers devices used in minimally invasive surgeries and related procedures in therapy areas such as gastroenterology and urology, as well as offers nutritional supplements and beauty products. DCC Healthcare serves customers worldwide. Founded in 1990, Investindustrial is a private equity firm headquartered... Read More »
