TEAM Technologies Acquires Baril Corporation

August 25, 2020

TEAM Technologies, a Clearlake-backed North American healthcare specialty manufacturer, acquired Baril Corporation, a Haverhill, Massachusetts-based contract manufacturer of disposable single-use medical products. The add-on expands TEAM's capabilities in die-cutting, laminating, device assembly and infection prevention/wound care manufacturing; financial terms were not disclosed and financing was provided by credit funds managed by affiliates of Ares Management with co-lender Northwest Mutual Capital.

Buyers
TEAM Technologies, Inc., Clearlake Capital Group, L.P.
Targets
Baril Corporation
Sellers
Dan Baril (CEO and owner), Selling shareholders of Baril Corporation
Platforms
TEAM Technologies, Inc.
Industry
Medical Devices
Location
Massachusetts, United States
Transaction Type
Addon

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