Sterling Medical Devices Recapitalizes and Merges with RBC Medical Innovations
February 8, 2023
Ampersand-backed Sterling Medical Devices recapitalized and merged with RBC Medical Innovations to create a combined electromechanical medical device design, development and manufacturing company. The transaction brings together complementary capabilities (including energy-based electromechanical device expertise and manufacturing) and appoints industry veteran David Montecalvo as CEO of the combined business.
- Buyers
- Sterling Medical Devices, Ampersand Capital Partners
- Targets
- RBC Medical Innovations
- Platforms
- Sterling Medical Devices
- Industry
- Medical Devices
- Location
- Kansas, United States
- Transaction Type
- Recapitalization
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