STERIS Acquires Cantel Medical Corp.

STERIS to Acquire Xodus Medical

October 12, 2026

Medical Devices

STERIS signed a definitive agreement to acquire all outstanding equity of Xodus Medical and certain related affiliates for $2.1 billion at closing, with potential earnout consideration of up to $150 million. The acquisition is expected to expand STERIS’s healthcare consumables portfolio, especially products used in the operating room; closing is anticipated by December 31, 2026, subject to customary conditions and regulatory approvals.

Solmetex, LLC Acquires Sterisil, Inc.

April 5, 2022

Medical Devices

Solmetex, LLC, a portfolio company of Avista Capital Partners, has acquired Sterisil, a Palmer Lake, Colorado-based developer of dental unit waterline infection control products. The add-on strengthens Solmetex's position as a category leader in dental water treatment and safety management, expanding product capabilities and support for dental practices and DSOs in the U.S. and internationally.

Evoqua Water Technologies Acquires Renal Business from STERIS (Mar Cor / Cantel Operations)

January 3, 2022

Industrial Services

Evoqua Water Technologies has closed the acquisition of the renal business historically operated by Mar Cor Purification and Cantel Medical, subsidiaries of STERIS Plc. The acquired business, expected to generate approximately $180 million of annualized revenue and $27 million of adjusted EBITDA (pre-synergies), expands Evoqua’s service footprint in North America and furthers its reach into the healthcare vertical.

STERIS Acquires Key Surgical from Water Street

November 18, 2020

Healthcare Services

STERIS plc signed a definitive agreement to acquire Key Surgical, a portfolio company of Water Street Healthcare Partners, LLC, and later completed the sale. Under Water Street’s nearly four-year partnership, Key Surgical expanded globally across consumable sterile processing, operating room, and endoscopy product offerings.

Solmetex Acquires Crosstex International (Dental Division of Cantel Medical)

August 18, 2020

Medical Devices

Solmetex, a dental waste management and environmental solutions provider, has acquired Crosstex International — the dental division of Cantel Medical Corporation. The deal, announced by Riveria Investment Group, gives Solmetex access to Crosstex's infection prevention and compliance product portfolio and manufacturing footprint in Hauppauge, New York.

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."