Spectra Medical Devices Acquires XL Precision Technologies
Spectra Medical Devices, a portfolio company of private equity firm QHP Capital, announced on September 30 that it entered into an agreement to acquire XL Precision Technologies. XL Precision Technologies is a contract development and manufacturing organization (CDMO) specializing in the manufacture of precision micro-components, complex tubular components and sub-assemblies for the medical device industry. It is based in Stockton-on-Tees, England. Spectra Medical Devices is one of the world’s leading manufacturers of made-to-spec procedural needles. Spectra is a CDMO to industry-leading, multi-national healthcare companies, global original equipment manufacturers and... Read More »
Sanner Group Expands Medical Device Offering With Gilero
Sanner Group, backed by London-based private equity firm GHO Capital, announced that it has acquired Gilero LLC. The addition of Gilero will enhance Sanner’s offering, positioning the business as a leading provider of end-to-end services across drug delivery, diagnostics and medtech device sectors. Gilero LLC is a medical device design, contract development manufacturing organization (CDMO) headquartered in the Durham, North Carolina suburb of Morrisville. Sanner Group is a leading global healthcare packaging manufacturer and medical device CDMO. Headquartered in Germany with manufacturing facilities across Germany, France, Hungary and China, Sanner has developed from a global market... Read More »
Winner Medical Acquires Global Resources International for $120 Million
On September 26, Winner Medical announced that it acquired 75.2% equity of Global Resources International, Inc. (GRI) for $120 Million. According to data captured in the LevinPro HC database, this acquisition marks the 23rd contract development manufacturing organization transaction of the year. Founded in 2000, GRI is a privately held corporation and a leading provider of comprehensive manufacturing and value-added services for medical devices, industrial products and protective solutions. Its products include surgical kits, drapes, sheets, containers, surgical gowns and industrial protective clothing. Winner Medical is a manufacturer of disposable wound-care and surgical products... Read More »
Meridian Health Services Acquires Eight Clinics
On September 18, Meridian Health Services announced that it purchased eight clinics from Lutheran Health Network. The eight clinics being acquired are in Indiana: three in Bluffton, two in Peru and one each in Ossian, Warren and Markle. Lutheran Health spokeswoman Joy Lohse said the clinics currently have a combined 61 physicians, advanced practitioners and staff. Meridian Health Services is a progressive healthcare organization specializing in “whole-person” health, integrating physical, mental and social well-being. The organization has been serving the community for nearly 50 years and is accredited by the Joint Commission and certified by the Indiana Division of... Read More »
Green Clinic Forms Partnership With Allegiance Health
Green Clinic announced in September 2024 that it will be acquired by Allegiance Health Management’s CEO, Rock Bordelon, and form a partnership with the company. The partnership was announced in a Facebook post by Green Clinic on September 17, 2024. Financial terms of the deal were not disclosed. Green Clinic is a multi-specialty clinic, providing both primary and specialty care to patients of all ages, from newborns to seniors. The company has nine locations across Louisiana. Allegiance Health Management is an acute and post-acute health system based in Bossier City, Louisiana. It operates 15 hospitals in Louisiana, Texas and Mississippi, bringing extensive years of healthcare... Read More »Schedule a demo
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