Laborie Medical Technologies Acquires GI Supply

LABORIE Medical Technologies Acquires Clinical Innovations for $525M

December 20, 2019

Medical Devices

LABORIE Medical Technologies, a Patricia Industries portfolio company, has completed the acquisition of Clinical Innovations from funds managed by EQT for an enterprise value of $525 million. Clinical Innovations, headquartered in Salt Lake City, Utah, is a leading provider of single-use medical devices for labor & delivery and neonatal intensive care and will form a stand-alone Maternal and Child Health global business unit within LABORIE.

Laborie Medical Technologies Acquires Pelvalon

October 13, 2021

Medical Devices

Laborie Medical Technologies Corp., a specialist medical technology company headquartered in Portsmouth, New Hampshire, has acquired Pelvalon, Inc., a Redwood City, California-based medical device company. Pelvalon’s Eclipse System is an FDA-cleared, non-surgical, patient-controlled device for women with fecal incontinence; the acquisition expands Laborie’s portfolio in pelvic floor and women’s health therapies.

Laborie Medical Technologies Acquires Novonate (LifeBubble)

February 14, 2023

Medical Devices

Laborie Medical Technologies has acquired Novonate, Inc. and its LifeBubble umbilical catheter securement system to expand Laborie's obstetrics, gynecology and neonatal product portfolio. Novonate, founded in 2017 and based in South San Francisco, developed LifeBubble to improve safety and securement of umbilical catheters in NICUs.

Laborie Medical Technologies Acquires Urotronic

October 27, 2023

Medical Devices

Laborie Medical Technologies has completed the acquisition of Urotronic, a Plymouth, Minnesota-based developer of the Optilume drug‑coated balloon technology for interventional urology. The deal includes an upfront cash payment (net $232 million to Laborie considering its prior minority stake) and up to $345 million in milestone payments, and brings Urotronic and its employees fully into Laborie to expand Laborie's interventional urology product portfolio globally.

Laborie Acquires the JADA® System from Organon

January 28, 2026

Medical Devices

Laborie Medical Technologies has completed the acquisition of the JADA® System and the team behind it from Organon in a transaction announced in late January 2026. The deal — part of Organon’s divestiture program (previously disclosed as up to $465 million) — brings more than 90 employees and an FDA-cleared device for rapid control of postpartum hemorrhage into Laborie’s obstetrics portfolio to expand the company’s maternal health capabilities.

TEAM Technologies Acquires Baril Corporation

August 25, 2020

Medical Devices

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.