Cirtec Medical Acquires NovelCath

Cirtec Medical Acquires Cardea Catheter Innovations

July 26, 2021

Medical Devices

Cirtec Medical has acquired Cardea Catheter Innovations, a San Jose-based manufacturer of minimally invasive catheter devices and complex delivery systems. Cardea will integrate into Cirtec's NovelCath brand to expand the company's interventional capabilities across structural heart, electrophysiology, and neurovascular markets and will relocate into Cirtec's new San Jose Center of Excellence.

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."

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.

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.

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.

STRATEC SE Acquires Natech Plastics, Inc.

June 7, 2023

Medical Devices

STRATEC SE has agreed to acquire Natech Plastics, Inc., a Ronkonkoma, New York-based manufacturer of polymer-based consumables, for USD 30.0 million plus an earn-out. The acquisition gives STRATEC a U.S. production site and expanded consumables capabilities for medical technology and in‑vitro diagnostics, with first-time consolidation expected in July 2023.