MGC Diagnostics (Altus Capital Partners-backed) Acquires Lemon Medical GmbH

CAIRE Inc. Acquires MGC Diagnostics (MGC)

November 29, 2022

Medical Devices

CAIRE Inc., a subsidiary of NGK Spark Plug Co., Ltd., acquired St. Paul–based MGC Diagnostics (MGC), a global maker of non-invasive cardiorespiratory diagnostic systems. The transaction closed on December 28, 2022 and expands CAIRE's clinical diagnostic capabilities and global distribution for pulmonary diagnostic devices, adding MGC's product portfolio and international facilities to CAIRE's offerings.

Medical Laboratory Diagnostics (MedLabs) Acquires Mercy Diagnostics

April 1, 2019

Healthcare Services

Caymus Equity Partners’ portfolio company Medical Laboratory Diagnostics, LLC (MedLabs) acquired Mercy Diagnostics, Inc., a Mount Laurel, New Jersey clinical diagnostics laboratory. The add-on transaction closed on April 24, 2019 and is MedLabs’ first strategic acquisition since the company’s majority recapitalization in March 2018.

Gyrus Capital Acquires LRE Medical

August 1, 2023

Medical Devices

Gyrus Capital, a Geneva-based investment firm, has acquired LRE Medical, a Germany-headquartered maker of complex diagnostic devices and analytical instruments, from AIS Global (previously a KPS-backed business). LRE Medical (founded 1961) operates two sites in Germany with more than 250 employees; the transaction—a carve-out/buyout—closed in August 2023 and is intended to accelerate growth in point-of-care diagnostics.

MDC (Medical Device Components) Acquires Lighteum

November 8, 2024

Medical Devices

MDC (Medical Device Components), a Montagu-backed precision medical components platform, has acquired Lighteum, a nitinol-based medical component manufacturer. The add-on acquisition, which closed on November 8, 2024, expands MDC's nitinol processing and rapid-prototyping capabilities and extends manufacturing footprint in San Diego, Mexicali and Australia.

Centers Laboratory LLC Acquires Medical Laboratory Diagnostics (MedLabs) from Caymus Equity Partners

September 1, 2019

Healthcare Services

Centers Laboratory LLC acquired Medical Laboratory Diagnostics, LLC (MedLabs) from Caymus Equity Partners; the transaction closed on September 16, 2019. MedLabs, headquartered in Cedar Knolls, New Jersey, operates 26 patient service centers and provides clinical diagnostic testing to thousands of physician customers.

Berglandklinik Lüdenscheid Acquires Three Gynaecology Practices

July 2, 2020

Healthcare Services

Berglandklinik Lüdenscheid, a subsidiary of Meine Radiologie Holding, has acquired three gynaecological practices (two in Lüdenscheid and one in Halver) from Dr. Jörn Tornow and integrated them into MVZ Meine Gynäkologie Lüdenscheid. The parties did not disclose the purchase price; the deal is a further step in the expansion of the Berglandklinik under the Meine Radiologie Holding platform, which is PE-backed.