Alcon to Acquire STAAR Surgical Company

Alcon to Acquire STAAR Surgical Company

According to an August 5 announcement, Alcon has entered into a definitive merger agreement to acquire STAAR Surgical Company. The transaction represents a total equity value of approximately $1.5 billion. STAAR Surgical Company, together with its subsidiaries, designs, develops, manufactures and sells implantable lenses for the eye and accessory delivery systems to deliver the lenses into the eye. According to its most recent annual report, STAAR generated $313.9 million in revenue during the fiscal year 2024 and had an EBITDA loss of $8 million. Alcon, a division of Novartis, researches and develops products for eye conditions such as cataracts, glaucoma, retinal diseases and refractive... Read More »
ArchiMed Acquires ZimVie for $730 Million 

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

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 »
ArchiMed Acquires ZimVie for $730 Million 

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 »
Alcon to Acquire STAAR Surgical Company

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 »
Alcon to Acquire STAAR Surgical Company

Merit Medical Acquires Florida-Based Biolife Delaware

Merit Medical announced on May 20 that it acquired Biolife Delaware in a merger transaction through which Biolife has become a wholly-owned subsidiary of Merit. The aggregate transaction consideration, paid in cash and assumption of Biolife liabilities, was approximately $120 million. Headquartered in Sarasota, Florida, Biolife Delaware manufactures unique patented hemostatic devices under the brand names StatSeal and WoundSeal. Merit Medical develops, manufactures and markets medical devices for interventional and diagnostic procedures worldwide. According to its FY 2024 earnings report, the company announced $1.35 billion in revenues during the full year of 2024. This strategic... Read More »