Catheter & Medical Design (Inverness Graham-backed) Acquires VitalDyne Medical

Inverness Graham Acquires Catheter & Medical Design (CMD)

June 18, 2020

Medical Devices

Inverness Graham Investments acquired Catheter & Medical Design, Inc. (CMD), a Roseville, Minnesota-based developer and manufacturer of complex catheters and catheter shafts for interventional and endosurgical applications. Inverness Graham said CMD will serve as a platform investment in the medical device outsourcing market and plans to grow CMD organically and via strategic add-ons; terms were not disclosed.

Inverness Graham-backed VitalPath Acquires Modern Catheter Technologies

January 6, 2022

Medical Devices

Inverness Graham Investments-backed platform VitalPath has acquired Modern Catheter Technologies (ModernCath), a Maplewood, Minnesota-based manufacturer of advanced catheter delivery systems. The add-on expands VitalPath’s precision catheter manufacturing capabilities—adding microcatheter extrusion expertise and neurovascular and electrophysiology market coverage—to scale the platform’s footprint and capabilities.

Motion Dynamics Acquires ViaMed Holdings

December 3, 2020

Medical Devices

Motion Dynamics LLC, a portfolio company of Vance Street Capital, has acquired ViaMed Holdings LLC in the platform’s first strategic add‑on acquisition. The deal expands Motion Dynamics’ micro‑precision manufacturing capabilities (coiling, braiding, nitinol shape‑setting) for medical device OEMs and contract manufacturers; terms were not disclosed.

Arcline Investment Management Acquires Engineering by Design

December 16, 2020

Medical Devices

Arcline Investment Management, a growth-oriented private equity firm, has acquired a controlling stake in Engineering by Design (EBD) from founders Dale and Judy Henson. EBD will join Arcline's medical-oriented manufacturing equipment platform (including Glebar, Everite Machine Products, SYNEO and Cath-Tip), expanding Arcline's capabilities in precision equipment and consumables for interventional medical device manufacturing.

Medical Manufacturing Technologies (MMT) Acquires Innova Design, Inc.

August 25, 2025

Medical Devices

Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management, has acquired Innova Design, Inc., a pioneer in laser bonding equipment for catheter and interventional medical device manufacturing. The acquisition expands MMT’s bonding technology suite—adding Innova’s laser bonder platforms and related capabilities—to better serve medical device OEMs globally.

Vyne Medical Acquires Extract Systems

September 17, 2024

Healthcare Services

Vyne Medical, a Dunwoody, Georgia-based healthcare communication and automation provider, has acquired Extract Systems, a Madison, Wisconsin provider of AI-driven data extraction solutions. The acquisition integrates Extract Systems' machine‑learning extraction and redaction capabilities into Vyne Medical's Trace platform to expand clinical and document automation capabilities and accelerate entry into government services; terms were not disclosed.