Aspen Surgical Acquires Ruhof Healthcare

Aspen Surgical Acquires Cygnus Medical and Flagship Surgical

September 18, 2025

Medical Devices

Aspen Surgical, a portfolio company of Audax Private Equity, has acquired Cygnus Medical and Flagship Surgical to expand its perioperative product offering. The add-on deals broaden Aspen’s infection-prevention and OR safety capabilities and mark entry into the endoscopy market; financial terms were not disclosed.

Aspen Surgical Acquires Symmetry Surgical

October 27, 2022

Medical Devices

Aspen Surgical Products, a portfolio company of Audax Private Equity, has acquired Symmetry Surgical from RoundTable Healthcare Partners. The add-on acquisition (terms not disclosed) expands Aspen's portfolio with Symmetry's surgical instrument, electrosurgery and minimally invasive device brands and adds direct-sales capabilities across acute and non-acute care settings.

Aspen Medical Products Acquires Advanced Orthopaedics

January 29, 2025

Medical Devices

Aspen Medical Products, the Irvine-based spinal orthopedics manufacturer, has acquired Advanced Orthopaedics, a manufacturer and supplier of bracing solutions and orthopedic soft goods. The acquisition expands Aspen’s product portfolio into the bracing and supports market and is intended to strengthen service to distributors, hospitals, DME suppliers and retail partners while enhancing Aspen’s global reach.

Bora Pharmaceuticals Acquires Upsher-Smith Laboratories

August 5, 2025

Pharmaceuticals

Bora Pharmaceuticals completed a 2024 acquisition of Upsher-Smith Laboratories for $210 million and is expanding the Maple Grove, Minnesota manufacturing site with a multi-year buildout. The investment includes installation of a Gerteis Macro-Pactor (operational Q3 2025) and development of 100,000 square feet of shell space to boost oral solid dose (OSD) contract development and manufacturing capabilities.

Futura Healthcare Acquires ASR Healthcare

February 28, 2023

Healthcare Services

Futura Healthcare has acquired ASR Healthcare, a regional point-of-care solutions and service provider, expanding Futura's technical capabilities and geographic footprint to include Atlanta. The deal adds ASR's skilled technicians and technology center to Futura's national platform; Futura is PE-backed by Renovus Capital Partners (invested 2020).

Aspen Surgical Acquires Stork Division from Briggs Healthcare

June 14, 2021

Medical Devices

Aspen Surgical Products, a manufacturer of surgical disposable products backed by Audax Private Equity, has acquired the Stork line of branded obstetric disposable products from Briggs Healthcare. The acquisition expands Aspen’s product portfolio in labor and delivery/obstetrics and is positioned as a platform for future growth in the OBGYN market.