Recent Medical Devices Acquisitions
Acquisition Volume in Medical Devices by Year
Last 5 years
This page highlights recent acquisitions and combinations shaping the Medical Devices industry, from strategic corporate integrations to private‑equity platform builds. Transactions span product-driven tuck‑ins, manufacturing capacity additions, and deals that extend commercial reach into new care settings.
Notable examples include Quantum Surgical's combination with NeuWave Medical under Precision IO Group, the Reverse Morris Trust combination completed by Waters Corporation and BD’s businesses, and platform activity from investors such as Rhône and ARCHIMED. Several transactions emphasize precision manufacturing (e.g., GCM and Symmetry Laser add‑ons), digital or connected care integration (e.g., Tactile Medical and LymphaTech), and expansions across U.S. states and European markets.
What Stands Out
- Platform consolidation and strategic combinations are prominent: buyers are combining complementary businesses to broaden product suites and service models (examples include Waters Corporation’s combination with BD businesses and Quantum Surgical’s Precision IO Group).
- Precision manufacturing and supply‑chain add‑ons are frequent, as acquirers like GCM, Symmetry Laser, and AMETEK expand capacity and specialized production capabilities for MedTech OEMs.
- Buyers are targeting both clinical devices and adjacent care solutions — from neonatal phototherapy (Natus Sensory) to lymphedema digital monitoring (Tactile Medical) and home/consumer health brands (Drive Medical).
- Geographic mix: transactions are concentrated across U.S. states (including Wisconsin, Tennessee, Georgia, Michigan and California) and active in Europe (United Kingdom, Netherlands, Switzerland), reflecting both domestic and cross‑border deal activity.
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March 16, 2026
- Buyer
- Mechanix Wear, Gryphon Investors
- Target
- OTEX
- Industry
- Medical Devices
- Location
- United States
- Type
- Addon
Mechanix Wear (backed by Gryphon Investors) acquired OTEX, a developer and manufacturer of tech-enabled personal protective equipment (PPE). The deal strengthens Mechanix Wear’s protective apparel and safety solutions platform by adding OTEX’s patented SMARTHOOD air-quality and cooling technologies.
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March 16, 2026
- Buyer
- Technimark, Oak Hill Capital, Pritzker Private Capital, PPC Partners
- Target
- Rage Custom Plastics
- Seller
- Rage Custom Plastics (family-run business; specific sellers not named)
- Industry
- Medical Devices
- Location
- Ohio, United States
- Type
- Buyout
Technimark acquired Rage Custom Plastics, a U.S. provider of blow and injection-molded plastic products serving medical and consumer healthcare markets. The deal is intended to strengthen Technimark’s healthcare presence, expand domestic manufacturing into the Midwest and Mid-Atlantic, and add value-added blow molding capabilities.
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- Buyer
- Sectra
- Target
- Oxipit
- Industry
- Medical Devices
- Location
- Lithuania
- Type
- Buyout
Sectra has agreed to acquire Oxipit, a Lithuanian developer of AI solutions for radiology, to expand autonomous diagnostic imaging capabilities. Oxipit’s flagship ChestLink AI can autonomously clear high-confidence normal chest X-rays, helping radiologists manage growing imaging volumes and workforce shortages.
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February 27, 2026
- Buyer
- Quantum Surgical, Precision IO Group Inc., Ally Bridge Group
- Target
- NeuWave Medical
- Industry
- Medical Devices
- Location
- Wisconsin, United States
- Type
- Buyout
Quantum Surgical has acquired NeuWave Medical and combined both businesses under a newly created parent, Precision IO Group Inc., to expand a robotic-assisted tumor ablation platform. The deal is supported by investment from Ally Bridge Group and aims to integrate Quantum Surgical's Epione robotic system with NeuWave's microwave ablation technology to broaden access to minimally invasive interventional oncology care.
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February 26, 2026
- Buyer
- Zavation Medical Products, LLC
- Target
- Choice Spine Holdings, Inc. (ChoiceSpine)
- Industry
- Medical Devices
- Location
- Tennessee, United States
- Type
- Buyout
Zavation Medical Products, a portfolio company of Gemspring Capital, acquired ChoiceSpine Holdings, a Knoxville, Tennessee designer and manufacturer of spinal implant systems. The companies did not disclose deal terms, and ChoiceSpine will maintain its brand and operations as they work toward a unified organization.
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February 19, 2026
- Buyer
- Tactile Systems Technology (Tactile Medical)
- Target
- LymphaTech, Inc.
- Industry
- Medical Devices
- Location
- Georgia, United States
- Type
- Buyout
Tactile Systems Technology (doing business as Tactile Medical) acquired LymphaTech, Inc. for an upfront cash payment of $6.8 million plus potential milestone-based consideration to expand its lymphedema solutions into digital and connected care. LymphaTech co-founders joined Tactile to support commercial adoption and R&D as Tactile integrates the company’s 3D measurement and monitoring platform into its portfolio.
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February 11, 2026
- Buyer
- Natus Sensory
- Target
- TheraB Medical
- Industry
- Medical Devices
- Location
- Michigan, United States
- Type
- Buyout
Natus Sensory has acquired TheraB Medical, a medical technology company focused on neonatal jaundice treatment using wearable phototherapy. The deal expands Natus Sensory’s newborn care portfolio with SnugLit, a FDA-cleared swaddle-style phototherapy system designed to support family-centered care while delivering continuous therapy.
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February 8, 2026
- Buyer
- UNIMED (Universal Maritime Solutions), ZCG Private Equity (Z Capital Group)
- Target
- Regenboog Shipping Pharmacy
- Industry
- Medical Devices
- Location
- South Holland, Netherlands
- Type
- Addon
UNIMED, a ZCG Private Equity–backed provider of medical and compliance solutions for the maritime industry, has acquired Regenboog Shipping Pharmacy, a Rotterdam-based distributor of pharmaceutical products and medical devices serving the maritime sector. The add-on expands Unimed’s presence in the Netherlands, builds on its recent Lagaay integration, and brings Regenboog’s portfolio of more than 1,000 SKUs and ~300+ customers into the Unimed platform.
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February 8, 2026
- Buyer
- AMETEK, Inc.
- Target
- LKC Technologies
- Seller
- DW Healthcare Partners
- Industry
- Medical Devices
- Location
- Maryland, United States
- Type
- Buyout
AMETEK, Inc. has acquired LKC Technologies, a Germantown, Maryland-based maker of portable ophthalmic diagnostic devices, including the RETeval handheld ERG system. The seller was DW Healthcare Partners, which had owned LKC as a portfolio company; AMETEK said the deal expands its ophthalmic product portfolio and complements its Ultra Precision Technologies Reichert business.
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February 2, 2026
- Buyer
- Arctic Vision (Cayman) Limited
- Target
- MDCO Technology Co., Ltd.
- Industry
- Medical Devices
- Location
- China
- Type
- Buyout
Arctic Vision (Cayman) Limited entered into an agreement to acquire the ophthalmic device business of MDCO Technology, creating a global drug–device innovation platform. The deal will make MDCO’s device business a wholly owned subsidiary of Arctic Vision, integrating MDCO’s intraocular lens, phakic lens, and refractive-device platforms into Arctic Vision’s ophthalmic R&D and manufacturing framework.
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- Buyer
- Rhône, ARCHIMED
- Target
- Invacare Holdings S.ar.l. (Invacare Europe & APAC), Direct Healthcare Group (DHG)
- Industry
- Medical Devices
- Location
- United Kingdom
- Type
- Buyout
Rhône has completed acquisitions of Invacare Holdings S.ar.l. (Invacare Europe & APAC) and Direct Healthcare Group (DHG) through vehicles held by its Fund VI and combined the businesses to form DHCare, a London‑headquartered medical device platform. The transaction closed January 30, 2026; ARCHIMED will retain a minority stake in the newly formed company, which expands the combined product portfolio across mobility, seating, pressure‑care, patient handling and rental/services.
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January 30, 2026
- Buyer
- Symmetry Laser
- Target
- ArcRev
- Industry
- Medical Devices
- Location
- California, United States
- Type
- Buyout
Symmetry Laser has completed its acquisition of ArcRev, a specialized laser cutting company with a lean manufacturing culture. The deal expands Symmetry Laser’s technical capabilities and production capacity to better support medical device customers from rapid prototyping through high-volume production.
-
January 29, 2026
- Buyer
- Drive Medical
- Target
- Compass Health Brands
- Industry
- Medical Devices
- Location
- Ohio, United States
- Type
- Buyout
Drive Medical has acquired Compass Health Brands, a manufacturer of home medical equipment and consumer health brands that include Carex, ProBasics, TheraMed, Roscoe Medical and Meridian Medical. Terms were not disclosed; Compass Health will operate as a division of Drive Medical and the acquisition is intended to broaden Drive Medical's product portfolio and expand its reach across retail and e-commerce channels.
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January 28, 2026
- Buyer
- Healthcare Holding Schweiz AG
- Target
- PlusORTHO Prothetik GmbH
- Industry
- Medical Devices
- Location
- Aargau, Switzerland
- Type
- Addon
Healthcare Holding Schweiz AG has acquired PlusORTHO Prothetik GmbH, an Oftringen-based specialist in orthopedic hand, foot and knee implants, fixation systems and surgical instruments. The bolt-on expands Healthcare Holding Schweiz's Orthopedic Solutions platform to broaden its product portfolio, improve delivery times and deepen clinical/OR support, with PlusORTHO's founder Andreas Keller remaining involved post-transaction.
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January 28, 2026
- Buyer
- Laborie Medical Technologies
- Target
- JADA System
- Seller
- Organon
- Industry
- Medical Devices
- Location
- California, United States
- Type
- Divestiture
Laborie Medical Technologies has completed the acquisition of the JADA® System and the team behind it from Organon in a transaction announced in late January 2026. The deal — part of Organon’s divestiture program (previously disclosed as up to $465 million) — brings more than 90 employees and an FDA-cleared device for rapid control of postpartum hemorrhage into Laborie’s obstetrics portfolio to expand the company’s maternal health capabilities.
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January 24, 2026
- Buyer
- Aspen Surgical Products
- Target
- Ruhof Healthcare
- Industry
- Medical Devices
- Location
- New York, United States
- Type
- Buyout
Aspen Surgical Products has acquired Ruhof Healthcare, a Mineola, New York–based maker of enzymatic detergents, cleaning verification systems, and instrument/endoscope reprocessing solutions. The acquisition (terms not disclosed) brings Ruhof's products and ~ $50M in revenue into Aspen's SPD360 Performance Solutions platform to expand its infection‑prevention, reprocessing, and endoscopy portfolios and accelerate international growth.
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- Buyer
- BioStem Technologies, Inc.
- Target
- BioTissue surgical and wound care business (BioTissue Holdings, Inc.)
- Seller
- BioTissue Holdings, Inc.
- Industry
- Medical Devices
- Location
- Florida, United States
- Type
- Divestiture
BioStem Technologies (OTC: BSEM) has acquired the surgical and wound care business of BioTissue Holdings, Inc. for approximately $15 million upfront, with up to $25 million of contingent milestone and royalty payments. The deal includes the Neox and Clarix product lines, a nationwide commercial sales organization and assigned GPO contracts, expanding BioStem's access into hospital inpatient and outpatient wound-care markets and adding assets that generated roughly $29 million in 2025.
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January 22, 2026
- Buyer
- Perimeter Solutions, Inc.
- Target
- Medical Manufacturing Technologies LLC (MMT)
- Seller
- Arcline Investment Management
- Industry
- Medical Devices
- Location
- Missouri, United States
- Type
- Buyout
Perimeter Solutions, Inc. (NYSE: PRM) completed its acquisition of Medical Manufacturing Technologies LLC (MMT) from Arcline Investment Management for approximately $685 million in cash, including certain tax benefits. The transaction was financed with cash on hand and proceeds from a senior secured notes offering that closed on January 2, 2026.
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January 16, 2026
- Buyer
- Strive, Inc.
- Target
- Semler Scientific, Inc.
- Industry
- Medical Devices
- Location
- California, United States
- Type
- Buyout
Strive, Inc. (Nasdaq: ASST) announced the completion of its acquisition of Semler Scientific, Inc. As a result of the transaction, Strive holds approximately 12,797.9 bitcoin and has appointed Avik Roy as Chief Strategy Officer to help monetize Semler's operating business and expand its early disease detection product efforts.
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January 16, 2026
- Buyer
- Zylox-Tonbridge
- Target
- Optimed Medizinische Instrumente GmbH
- Seller
- Existing shareholders of Optimed Medizinische Instrumente GmbH
- Industry
- Medical Devices
- Location
- Germany
- Type
- Buyout
Zylox-Tonbridge entered into a definitive agreement to acquire Germany-based medical device company Optimed Medizinische Instrumente GmbH in multiple steps, with an option to acquire its entire equity interest from existing shareholders. The deal is intended to create an integrated global commercialization platform for Optimed’s minimally invasive vascular and endourology products and to deliver manufacturing and operational synergies between Germany and China.
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- Buyer
- Emergency Care Holdings, Bridgefield Capital
- Target
- Philips Emergency Care (now Heartstream)
- Seller
- Koninklijke Philips N.V.
- Industry
- Medical Devices
- Location
- Washington, United States
- Type
- Buyout
Emergency Care Holdings (ECH), a platform backed by Bridgefield Capital, completed the acquisition of the Philips Emergency Care business from Koninklijke Philips N.V., which will operate as Heartstream under a Philips brand license. The carve-out, headquartered in Bothell, Washington, employs more than 600 people, serves over 130 countries and positions ECH to launch a global emergency medical products platform focused on consolidation, innovation and recurring software and service revenue.
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January 13, 2026
- Buyer
- Solmetex, LLC
- Target
- ReLeaf
- Industry
- Medical Devices
- Location
- Massachusetts, United States
- Type
- Buyout
Solmetex, LLC announced it has acquired ReLeaf, a dental evacuation tool developer focused on hands-free, high-volume evacuation for hygiene and clinical procedures. The deal strengthens Solmetex’s position in patient safety and procedural efficiency while expanding support for independent practices and Dental Service Organizations (DSOs).
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January 13, 2026
- Buyer
- Investindustrial (independent investment subsidiary of Investindustrial Growth III SCSp)
- Target
- Proveris Scientific Corporation
- Industry
- Medical Devices
- Location
- Massachusetts, United States
- Type
- Buyout
An independently managed investment subsidiary of Investindustrial Growth III SCSp has acquired Proveris Scientific Corporation, a Hudson, Massachusetts-based maker of spray and aerosol analytical testing instrumentation, software and lab services focused on orally inhaled and nasal drug products (OINDP). Investindustrial will partner with Proveris' management (founder Dino Farina reinvested as a minority shareholder) to accelerate global expansion and build a broader pharmaceutical testing equipment group through organic growth and add-on acquisitions.
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January 12, 2026
- Buyer
- Boston Scientific
- Target
- Valencia Technologies
- Industry
- Medical Devices
- Location
- California, United States
- Type
- Buyout
Boston Scientific acquired Valencia Technologies to advance its urology and pelvic health portfolio, adding Valencia’s implantable tibial nerve stimulation technology. The deal is expected to close in the first half of 2026, with financial terms undisclosed.
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January 11, 2026
- Buyer
- Haemonetics Corporation
- Target
- Vivasure Medical Limited
- Seller
- Orchestra BioMed Holdings, Fountain Healthcare Partners, LSP Health Economics Fund (EQT Life Sciences), Panakès Partners, Evonik Venture Capital
- Industry
- Medical Devices
- Location
- Galway, Ireland
- Type
- Buyout
Haemonetics Corporation has acquired Galway-based Vivasure Medical in a transaction valued at up to €185 million, consisting of an upfront €100 million payment plus up to €85 million in contingent milestone payments. The acquisition adds Vivasure's PerQseal Elite fully bioabsorbable vascular closure system to Haemonetics' large-bore closure portfolio; Vivasure has CE Mark approvals and has submitted a PMA to the U.S. FDA.
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January 6, 2026
- Buyer
- VB Spine LLC, Viscogliosi Brothers, LLC, Viscogliosi Brothers Watermark LLC, Barings
- Target
- Stryker Cestas manufacturing facility
- Seller
- Stryker Corporation
- Industry
- Medical Devices
- Location
- Nouvelle-Aquitaine, France
- Type
- Addon
VB Spine LLC completed the acquisition of Stryker’s spinal implant manufacturing facility in Cestas, France, transferring site employees and operations to VB Spine. The deal expands VB Spine’s global manufacturing footprint and is financed in part by equity investors Viscogliosi Brothers entities with support from Barings.
-
January 6, 2026
- Buyer
- DirectMed Imaging, Frazier Healthcare Partners
- Target
- Tri-Imaging Solutions
- Industry
- Medical Devices
- Location
- Tennessee, United States
- Type
- Addon
DirectMed Imaging, a portfolio company of Frazier Healthcare Partners, has acquired Tri-Imaging Solutions and will combine the two businesses under the Tri-Imaging name. The transaction creates a scaled imaging solutions platform that expands parts inventory, service capabilities, and technical training for healthcare networks, independent service organizations, and equipment manufacturers.
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January 6, 2026
- Buyer
- W. L. Gore & Associates
- Target
- Conformal Medical
- Industry
- Medical Devices
- Type
- Buyout
W. L. Gore & Associates entered into a definitive agreement to acquire Conformal Medical, a medical device company developing the investigational CLAAS AcuFORM System for left atrial appendage occlusion (LAAO) aimed at stroke prevention in non-valvular atrial fibrillation. The deal is expected to close in early 2026, subject to regulatory approval, and is intended to add the CLAAS AcuFORM technology to Gore’s endovascular cardiac portfolio.
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December 23, 2025
- Buyer
- Healthcare Holding Schweiz AG, KKA Partners, Winterberg Group AG
- Target
- Sevika Medical AG
- Industry
- Medical Devices
- Location
- Zug, Switzerland
- Type
- Addon
Healthcare Holding Schweiz AG, backed and managed by Winterberg Advisory and KKA Partners, has acquired a majority stake in Sevika Medical AG, a Baar-based distributor of orthopedic medical technologies. The deal establishes a new orthopedics-focused platform within Healthcare Holding to accelerate product introductions and growth in the Swiss market.
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December 23, 2025
- Buyer
- corpuls
- Target
- Hans Peter Esser
- Industry
- Medical Devices
- Location
- North Rhine-Westphalia, Germany
- Type
- Buyout
Bavarian medical technology company corpuls is merging with long-standing sales and service partner Hans Peter Esser (the Esser team) and will take on all of its employees. The parties will continue operating from the Kürten, North Rhine-Westphalia site, supporting customers as usual, with completion subject to merger-control approvals.
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- Buyer
- Healthcare Holding Schweiz AG, KKA Partners, Winterberg Advisory GmbH
- Target
- KSM Kunden Service Management GmbH
- Industry
- Medical Devices
- Location
- Fribourg, Switzerland
- Type
- Addon
Healthcare Holding Schweiz AG has acquired a stake in KSM Kunden Service Management GmbH, a Swiss specialist in single‑use medical supplies headquartered in Mont‑Vully. KSM's management will remain in place and will take a stake in Healthcare Holding; the acquisition is intended to expand Healthcare Holding's portfolio of disposable medical products and enable cross‑platform deployment of KSM's products and capabilities.
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December 19, 2025
- Buyer
- MidEuropa
- Target
- MBL Group
- Seller
- INVL Baltic Sea Growth Fund
- Industry
- Medical Devices
- Location
- Denmark
- Type
- Buyout
MidEuropa has acquired a majority stake in the MBL Group, a leading European contract development and manufacturing organisation (CDMO) for assisted mobility, rehabilitation and aged-care equipment. INVL Baltic Sea Growth Fund has fully exited its shareholding while the Lauritsen family has reinvested and CEO Martin Lauritsen will continue to lead the business as MidEuropa supports international growth and capability expansion. MBL employs approximately 1,700 people across Europe and Asia and holds over 100 registered patents.
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December 19, 2025
- Buyer
- IBA (Ion Beam Applications S.A.)
- Target
- ORA Group (ORA - Optimized Radiochemical Applications SRL and OOC)
- Industry
- Medical Devices
- Location
- Belgium
- Type
- Buyout
Ion Beam Applications S.A. (IBA) has acquired ORA Group (ORA - Optimized Radiochemical Applications SRL and OOC) to strengthen its leadership in nuclear medicine and radiochemistry. The cash-free, debt-free transaction (total consideration €15–20 million) is financed from IBA’s own funds and existing credit facilities and is immediately accretive to IBA Technologies’ revenue and EBITDA; ORA founder Vincent Tadino will continue with the combined business as CTO.
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December 19, 2025
- Buyer
- OSR Holdings, Inc., OSR Holdings Co., Ltd. (OSRK)
- Target
- Woori IO Co., Ltd.
- Industry
- Medical Devices
- Location
- South Korea
- Type
- Buyout
OSR Holdings signed and advanced a share exchange to acquire Woori IO Co., Ltd., a South Korean noninvasive glucose monitoring (NIGM) medical-device innovator. Woori IO shareholders approved the exchange, which will make Woori IO a wholly owned subsidiary of OSR Holdings’ Korean affiliate, OSR Holdings Co., Ltd. (OSRK).
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Philips Agrees to Acquire SpectraWAVE to Expand AI-Enabled Coronary Imaging and Physiology PortfolioDecember 15, 2025
- Buyer
- Philips
- Target
- SpectraWAVE
- Industry
- Medical Devices
- Location
- Massachusetts, United States
- Type
- Buyout
Philips has agreed to acquire SpectraWAVE, a Bedford, Massachusetts-based developer of AI-enabled vascular imaging and coronary physiology assessment tools. The deal is intended to strengthen Philips’ image-guided therapy business by adding SpectraWAVE’s HyperVue Imaging System and X1-FFR software for intravascular imaging and angio-derived fractional flow reserve assessment.
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- Buyer
- KVP International
- Target
- SafePath Laboratories, IVD Research
- Industry
- Medical Devices
- Location
- California, United States
- Type
- Buyout
KVP International has acquired SafePath Laboratories and IVD Research (together SafePath-IVD), a Carlsbad, California–based diagnostics manufacturer and CDMO with FDA, ISO 13485 and USDA licenses. KVP will use SafePath-IVD as its dedicated research, development and manufacturing partner to expand veterinary point-of-care diagnostics while supporting SafePath-IVD's continued growth in human diagnostics and CDMO services.
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- Buyer
- Surmodics, Inc.
- Target
- Biocoat, Inc.
- Seller
- Biocoat, Inc.
- Industry
- Medical Devices
- Location
- Pennsylvania, United States
- Type
- Buyout
Surmodics has completed a merger with Biocoat and formed a new division, Surmodics Services & Technologies (SST), to carry forward the portion of Biocoat's business remaining after divesting certain assets. SST, based in Horsham, Pennsylvania, will provide hydrophilic coating technologies, custom polymer formulations and full-service coating operations to medical device manufacturers worldwide.
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- Buyer
- Montagu, Kohlberg
- Target
- Teleflex Medical OEM
- Seller
- Teleflex Incorporated
- Industry
- Medical Devices
- Location
- United States
- Type
- Buyout
Montagu and Kohlberg have entered into a definitive agreement to acquire Teleflex Medical OEM from Teleflex Incorporated for $1.5 billion in a carve-out transaction. The business is expected to close in the second half of 2026, subject to regulatory approvals and other customary closing conditions, after which it will operate as an independent global contract developer and manufacturer.
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December 5, 2025
- Buyer
- Aptyx
- Target
- Argos Corporation
- Industry
- Medical Devices
- Location
- Massachusetts, United States
- Type
- Addon
Aptyx has acquired Argos Corporation, a Massachusetts-based precision extrusion specialist, and will establish a Boston-area Precision Extrusion Center of Excellence to expand medical tubing and catheter-grade extrusion capacity. The deal enhances Aptyx’s capabilities for interventional and catheter-based device markets, adding in-house tooling and micro-extrusion expertise to its integrated medical manufacturing platform.
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December 1, 2025
- Buyer
- CQ Medical
- Target
- Bionix Radiation Therapy business unit
- Seller
- Bionix
- Industry
- Medical Devices
- Location
- Ohio, United States
- Type
- Divestiture
CQ Medical has acquired the Radiation Therapy business unit from Bionix, expanding CQ Medical’s patient positioning and radiotherapy marking product portfolio. The deal transfers Bionix’s radiation therapy product lines and commercial team to CQ Medical while Bionix retains its Ambulatory Care business based in Maumee, Ohio.
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November 25, 2025
- Buyer
- LIXTE Biotechnology Holdings, Inc.
- Target
- Liora Technologies Europe Ltd.
- Industry
- Medical Devices
- Location
- Cheshire, United Kingdom
- Type
- Buyout
LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT) has completed the acquisition of Liora Technologies Europe Ltd., a UK-based developer of the LiGHT proton therapy system. The deal brings Liora's proprietary LiGHT System and Daresbury-based operations into LIXTE as a wholly owned subsidiary to expand the company's capabilities into radiotherapy and pursue joint treatment-center revenue models.
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November 24, 2025
- Buyer
- MedEdge Holdings LLC
- Target
- Abyrx, Inc., Kairuku, Inc.
- Industry
- Medical Devices
- Location
- Connecticut, United States
- Type
- Buyout
Abyrx, Inc. and Kairuku, Inc. completed a combined $450 million management-led buyout and capital raise to form MedEdge Holdings LLC. The new holding company will integrate Abyrx's biosurgical product portfolio with Kairuku's SaaS commercial operations platform and deploy capital to acquire 10–15 commercial-stage surgical product companies to accelerate growth and streamline product delivery to operating rooms.
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- Buyer
- Vance Street Capital, VSC Medical Molding
- Target
- Injectech
- Seller
- The West Group
- Industry
- Medical Devices
- Location
- Colorado, United States
- Type
- Addon
Vance Street Capital has acquired Injectech from The West Group and added it to its newly formed VSC Medical Molding platform, expanding the platform's precision injection-molding and single-use fluid management capabilities for medical device, life science and bioprocessing customers. Injectech, headquartered in Fort Collins, Colorado, will operate alongside Resenex under the VSC Medical Molding platform to broaden component offerings and custom manufacturing capabilities.
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November 21, 2025
- Buyer
- Poly Medicure Ltd
- Target
- Medistream SA (Citieffe)
- Seller
- ARCHIMED MedTech (ARCHIMED)
- Industry
- Medical Devices
- Location
- Emilia-Romagna, Italy
- Type
- Buyout
Poly Medicure Ltd has acquired Medistream SA (doing business as Citieffe), an Italian maker of orthopedic implants, from ARCHIMED MedTech. The deal expands Poly Medicure’s product portfolio and international footprint by combining Citieffe’s trauma and limb-reconstruction technology and US/European presence with Poly Medicure’s manufacturing scale and global commercial network.
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November 19, 2025
- Buyer
- Cera
- Target
- GenieConnect
- Industry
- Medical Devices
- Location
- England, United Kingdom
- Type
- Buyout
Digital-first home healthcare provider Cera has acquired GenieConnect, a UK care-robotics platform, to scale the robot-assisted remote care technology across its operations and the wider UK care sector. Financial terms were not disclosed; Cera says the robots improve medication, food and drink adherence, boost providers' care capacity and can deliver material per-patient cost savings.
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November 18, 2025
- Buyer
- Kingsway Pharmaceuticals
- Target
- CIGA Healthcare
- Industry
- Medical Devices
- Location
- Northern Ireland, United Kingdom
- Type
- Growth capital
Kingsway Pharmaceuticals acquired a strategic minority equity stake in CIGA Healthcare to accelerate expansion of at-home and retail diagnostic testing in the United States. The partnership creates a joint-venture alignment to strengthen Kingsway's supply chain, broaden private-label and branded diagnostic offerings for U.S. retailers, and open new U.S. channels for CIGA's rapid-test portfolio.
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November 18, 2025
- Buyer
- Alcedo SGR S.p.A. (Alcedo V fund)
- Target
- Operamed S.r.l.
- Seller
- Itago SGR S.p.A. (Itago IV fund), Minority shareholders
- Industry
- Medical Devices
- Location
- Italy
- Type
- Buyout
Alcedo SGR (via its Alcedo V fund) has completed the acquisition of a majority stake in Operamed S.r.l., an Italian designer and supplier of prefabricated medical systems for critical hospital areas. The stake was previously held by Itago SGR (Itago IV fund) and minority shareholders; the deal represents a PE sponsor exit and a platform / capability investment by Alcedo into hospital infrastructure solutions.
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November 10, 2025
- Buyer
- Prescott's Med
- Target
- Tenacore
- Seller
- The Courtney Group, Centerfield Capital Partners
- Industry
- Medical Devices
- Location
- California, United States
- Type
- Buyout
Prescott's Med has acquired Tenacore, a Costa Mesa, California-based provider of depot-based medical device repair, parts, and technical support. The deal expands Prescott's Med's nationwide depot footprint and service capabilities for hospitals, ISOs, and in-house biomedical departments.
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November 10, 2025
- Buyer
- GTCR LLC
- Target
- Surmodics, Inc.
- Seller
- United States Federal Trade Commission (FTC), certain state regulators
- Industry
- Medical Devices
- Location
- Minnesota, United States
- Type
- Buyout
Surmodics announced that a U.S. district court denied the FTC and certain state regulators’ request for a preliminary injunction to block the company’s proposed acquisition by an affiliate of GTCR. Surmodics said the merger remains subject to a temporary restraining order and customary closing conditions, with the company expecting to move toward closing promptly.
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November 7, 2025
- Buyer
- Evident
- Target
- Pramana, Inc.
- Industry
- Medical Devices
- Location
- Massachusetts, United States
- Type
- Buyout
Evident has completed its acquisition of Pramana, Inc., a Cambridge-based developer of autonomous whole slide imaging systems for digital pathology. The deal brings Pramana's AI-powered imaging and workflow technology into Evident's microscopy and optical-imaging portfolio to accelerate digital pathology capabilities and broaden solutions for hospitals, research institutions, and laboratories.
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Frequently Asked Questions
Who are the typical buyers in recent medical device deals?
Active buyers include strategic corporates, private‑equity backed platform companies, and industry acquirers. Examples from recent deals: strategic consolidations by Waters Corporation and AMETEK, platform activity from investors like Rhône and Gemspring Capital, and corporate buyers such as Quantum Surgical and Drive Medical.
Which subsectors within medical devices are attracting acquisitions?
Recent transactions span interventional oncology and ablation platforms, spinal implants, neonatal care devices, ophthalmic diagnostics, lymphedema digital solutions, precision components manufacturing, and distribution for specialty markets (maritime medical supply).
Are deals mostly domestic or international?
The deal set shows a mix: many transactions occur across U.S. states (e.g., Wisconsin, Tennessee, Georgia, Michigan, California), while several notable deals involve European targets or platform combinations (United Kingdom, Netherlands, Switzerland).
What deal structures or price disclosure patterns appear?
Structures vary: examples include corporate combinations (a Reverse Morris Trust in Waters Corporation’s case), add‑on acquisitions, and bolt‑on buys by PE‑backed platforms. Few transactions disclose full terms; a disclosed upfront cash payment appears in the Tactile Medical acquisition of LymphaTech ($6.8 million plus potential milestones).