Teleflex Acquires Standard Bariatrics

Hyatt Hotels Corporation Acquires Standard International

August 21, 2024

Restaurants & Hospitality

Hyatt Hotels Corporation announced it will acquire the brands and most affiliates of Standard International, the parent company of The Standard and Bunkhouse Hotels, forming a new dedicated lifestyle group headquartered in New York City. The asset-light transaction covers management, franchise and license contracts for 21 open hotels (about 2,000 rooms) and includes a $150 million base purchase price with up to $185 million of contingent consideration.

Flex Technology Group Acquires Standard Office Systems of Atlanta

May 18, 2022

IT Services

Flex Technology Group (FTG), with backing from multi-family office Oval Partners, has acquired Standard Office Systems of Atlanta (SOS). SOS will become a platform company to anchor FTG's expansion into the Southeast; Bryan Ammons and the existing SOS leadership will remain as equity holders and continue to run the business.

Boston Scientific Acquires BTG plc

August 19, 2019

Medical Devices

Boston Scientific Corporation completed its acquisition of BTG plc by scheme of arrangement, with BTG shareholders receiving 840 pence in cash per share. The purchase brings BTG’s interventional medicine portfolio, specialty pharmaceuticals and licensing business into Boston Scientific, strengthening its capabilities in interventional oncology and vascular therapies.

Teleflex Acquires Palette Life Sciences

October 10, 2023

Medical Devices

Teleflex Incorporated completed its acquisition of Palette Life Sciences AB for $600 million in upfront cash plus up to $50 million in potential milestone payments. The deal adds Palette’s NASHA-based products — including the Barrigel rectal spacer, Deflux and Solesta — to Teleflex’s interventional urology portfolio; Palette’s standalone net revenue was expected to be about $56 million for 2023.

Boston Scientific Acquires Baylis Medical Company Inc.

October 6, 2021

Medical Devices

Boston Scientific Corporation agreed to acquire Baylis Medical Company Inc. for an upfront payment of $1.75 billion, subject to closing adjustments. The acquisition expands Boston Scientific’s electrophysiology and structural heart portfolios by adding Baylis’s RF NRG and VersaCross transseptal platforms and complementary guidewires, sheaths and dilators; Baylis was expected to generate nearly $200 million in net sales in 2022.

Unibloc Pump Acquires Standard Pump

January 5, 2022

Manufacturing

Unibloc Pump, a May River Capital portfolio company, has acquired Standard Pump, a Duluth, Georgia manufacturer of sanitary and industrial process pumps. The acquisition expands Unibloc's hygienic flow control product offering, in-house fabrication capabilities, and distribution reach across food & beverage, pharmaceutical, chemical, and other process manufacturing end markets.