Cirtec Medical Acquires Cardea Catheter Innovations

Cirtec Medical Acquires NovelCath

December 17, 2020

Medical Devices

Cirtec Medical Corporation has acquired NovelCath, a vertically integrated manufacturer of catheter delivery systems based in Brooklyn Park, Minnesota. The acquisition expands Cirtec's capabilities in minimally invasive interventional and structural heart device manufacturing and establishes the NovelCath facility as Cirtec's Center of Excellence for Catheters and Delivery Systems.

Cirtec Medical Acquires Stellar Technologies, Inc.

August 1, 2016

Medical Devices

Cirtec Medical, a portfolio company of Century Park Capital Partners, has acquired Stellar Technologies, Inc., a Brooklyn Park, Minnesota-based precision machining and medical component manufacturer. The acquisition expands Cirtec's manufacturing capabilities—particularly in neuromodulation lead wire assemblies, electro-mechanical devices and delivery systems—and establishes a presence in Minnesota's "Medical Alley."

Cadence, Inc. Acquires Utitec, Inc.

January 3, 2023

Medical Devices

Cadence, Inc., a contract manufacturer of medical and drug delivery devices, has acquired Utitec, Inc., a Watertown, Connecticut-based maker of miniature deep-drawn metal components with an additional facility in Alajuela, Costa Rica. The acquisition expands Cadence's deep-draw capabilities and cleanroom assembly capacity to support medical device and drug-delivery customers and accelerate product transfers and growth.

Haemonetics Acquires Cardiva Medical

January 20, 2021

Medical Devices

Haemonetics Corporation agreed to acquire Cardiva Medical, Inc., a privately-held maker of vascular closure systems based in Santa Clara, California, for $475 million upfront and up to $35 million in contingent consideration. The acquisition expands Haemonetics' hospital portfolio and its presence in the interventional cardiology and electrophysiology markets and is expected to be accretive to revenue growth.

Picard Medical Acquires SynCardia Systems

September 30, 2021

Medical Devices

Picard Medical, a portfolio company of Hunniwell Lake Ventures, has acquired SynCardia Systems, the global leader in total artificial heart (TAH) technology. The deal brings SynCardia into Picard’s medical-device platform to accelerate product improvements, manufacturing capabilities, clinical support and pursuit of expanded regulatory approvals.

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.