ATL Technology Picks Up Complex Catheter Specialist MDCM Solutions
Springville, Utah-based ATL Technology has announced its acquisition of MDCM Solutions. According to data captured in the LevinPro HC database, this transaction represents the 21st contract development and manufacturing organization (CDMO) transaction of 2024. There were 21 CDMO deals announced during 2023, and 38 announced during 2022. MDCM Solutions is a medical device contract manufacturing company based in Maple Grove, Minnesota. The company specializes in complex catheter technologies used to manufacture minimally invasive medical devices. ATL Technology is a global leader in medical device CDMO services. The company offers custom disposable medical cables and devices, custom medical... Read More »
Behind the Deal: PGP Advises On CVAUSA Acquisition
Physician Growth Partners (PGP), a physician-focused advisory firm based in Chicago, Illinois, recently played a major role in the acquisition of two physicians by Cardiovascular Associates of America (CVAUSA). The two physicians, Drs. Ken Zelnick and Kathir Subramanian, offer high-quality cardiology services out of Fort Lauderdale, Florida. Along with two other unnamed providers, Drs. Zelnick and Subramanian deliver comprehensive diagnostic, medical and procedural services. CVAUSA, formed by Waltham, Massachusetts-based private equity firm Webster Equity Partners in 2021, is a physician management services organization. Through CVAUSA’s physician-centered... Read More »
Arsenal Capital Partners to Acquire Knowtion Health
Arsenal Capital Partners, a New York-based private equity firm, announced it has signed a definitive agreement to acquire Knowtion Health. Sunstone Partners, the current majority owner of Knowtion, will maintain a significant strategic co-investment in the company. Knowtion Health (formerly known as RSource Healthcare) is a Boca Raton, Florida-based provider of revenue cycle management (RCM) services to hospitals and health systems. The company leverages AI-driven technology and deep domain expertise to reduce denials and underpayments across all denial types, low balance accounts and complex claims, while also enhancing patient experience and satisfaction. Arsenal Capital Partners... Read More »
PE-Backed Vantedge Medical Completes Acquisition of Hobson & Motzer
Vantedge Medical, a portfolio company of New York-based private equity firm Aterian Investment Partners since May 2018, announced the acquisition of Hobson & Motzer, Inc. in Durham, Connecticut. Founded in 1912, Hobson & Motzer is a manufacturer of tight tolerance consumable medical devices primarily for the global surgical stapler industry. For decades, Hobson has been partnered with leading medical device manufacturers. The company’s core capabilities include computer numerical control machining, stamping, tooling and other finishing and assembly services. Headquartered in San Jose, California, Vantedge Medical specializes in providing manufacturing solutions to its... Read More »
