Tracked deals
157
157 tracked deals across 2025.
Medical Devices Acquisitions in 2025
Buyer mix
Mixed buyer set
116 strategic · 85 pe
Top trend
Volume peaked in 2021
223 tracked deals announced in 2021.
Buyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Healthcare Holding Schweiz AG | 7 | Buy, Build & Technologize platform and leading provider/d... | Strategic (PE-backed) |
| KKA Partners | 5 | Lower mid‑market private equity firm investing in leading... | PE |
| Safe Life | 4 | Group of companies providing life‑saving equipment (prima... | Strategic |
| Winterberg Advisory GmbH | 4 | Advisory arm / GP of Winterberg family office and funds t... | Family Office |
| Arcline Investment Management | 3 | Growth-oriented private equity firm investing in technolo... | PE |
| Arlington Capital Partners | 3 | Private investment firm specializing in government-regula... | PE |
| Medical Manufacturing Technologies (MMT) | 3 | Vertically integrated provider of medical device manufact... | Strategic (PE-backed) |
| TEAM Technologies | 3 | End-to-end outsourced manufacturer of mission-critical, s... | Strategic (PE-backed) |
| Vance Street Capital | 3 | Middle-market private equity firm focused on engineered s... | PE |
| Viscogliosi Brothers, LLC | 3 | Family-owned investment firm and controlling shareholder ... | Family Office |
Acquisition Volume in Medical Devices in 2025 by Year
Last 10 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
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.
-
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.
-
- 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.
-
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.
-
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).
-
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.
-
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.
-
- 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.
-
- 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.
-
- 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.
-
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.
-
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.
-
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.
-
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.
-
- 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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
November 6, 2025
- Buyer
- JLL Partners, Vascular Technology, Incorporated
- Target
- Parks Medical Electronics
- Seller
- Ownership trust of Parks Medical (led by Nicole McCombie)
- Industry
- Medical Devices
- Location
- Oregon, United States
- Type
- Addon
JLL Partners has acquired Parks Medical Electronics and merged the business with Vascular Technology to create a vascular diagnostics and robotics-focused medical device platform. The combination brings Parks Medical's Doppler ultrasound product line together with Vascular Technology's intraoperative systems to expand the combined company's product portfolio and clinical reach across hospital, clinic, operating room, and veterinary markets.
-
November 5, 2025
- Buyer
- Registrar Corp
- Target
- CMC Medical Devices
- Industry
- Medical Devices
- Location
- Andalusia, Spain
- Type
- Addon
Registrar Corp, a Paine Schwartz Partners portfolio company, has acquired CMC Medical Devices, a Spain-based regulatory, clinical, and compliance consulting firm for medical device and IVD manufacturers. The deal expands Registrar Corp's global representation, clinical capabilities, and regulatory services—strengthening its ability to help manufacturers access the U.S., EU and other key markets more quickly.
-
November 5, 2025
- Buyer
- Premier Biotech, Align Capital Partners
- Target
- National Test Systems
- Industry
- Medical Devices
- Location
- Florida, United States
- Type
- Addon
Premier Biotech, a portfolio company of Align Capital Partners, has acquired National Test Systems (NTS), a provider of rapid point-of-care drug screening supplies and services that serves more than 1,500 facilities across the United States. The acquisition expands Premier's point-of-care testing capabilities (including oral fluid testing) and deepens its presence in government and behavioral health end markets; NTS CEO Andrew Panico will remain involved to support the transition.
-
- Buyer
- SK Capital Partners, LP
- Target
- Precera Medical
- Seller
- LISI Group
- Industry
- Medical Devices
- Location
- Minnesota, United States
- Type
- Buyout
SK Capital Partners has completed the acquisition of LISI Group's Medical division and launched the business as Precera Medical, a precision medical device CDMO headquartered in Big Lake, Minnesota. LISI Group retained a minority stake; SK Capital plans to invest in capacity and capabilities and pursue organic growth and M&A to expand the new platform's service offerings to global medical device OEMs.
-
October 28, 2025
- Buyer
- ARCHIMED Diagnostics (ARCHIMED MED Platform II)
- Target
- ARK Diagnostics
- Seller
- Soulbrain Holdings
- Industry
- Medical Devices
- Location
- California, United States
- Type
- Buyout
ARCHIMED Diagnostics (ARCHIMED’s diagnostics team) has acquired a 60% stake in Fremont-based ARK Diagnostics from Soulbrain Holdings in a transaction valuing ARK at $428 million. Soulbrain retains and reinvests in a 40% stake and the deal includes a joint-venture agreement to accelerate ARK’s product development and global expansion.
-
October 22, 2025
- Buyer
- Impilo
- Target
- Oticon Medical
- Seller
- Demant A/S
- Industry
- Medical Devices
- Location
- Denmark
- Type
- Buyout
Impilo has agreed to acquire Oticon Medical, a global bone-anchored hearing solutions company, from Demant A/S. The deal is intended to support Oticon Medical’s transition to a standalone company and accelerate growth through next-generation technologies, with closing expected no later than the end of Q1 2026.
-
October 22, 2025
- Buyer
- Blackstone Group, TPG Capital, Abu Dhabi Investment Authority (ADIA), GIC (affiliate)
- Target
- Hologic
- Industry
- Medical Devices
- Location
- Massachusetts, United States
- Type
- Buyout
Hologic agreed to be acquired by funds managed by Blackstone and TPG in a transaction valued at up to $79 per share and approximately $18.3 billion enterprise value. The deal provides $76 per share in cash plus a non-tradable contingent value right (CVR) worth up to $3 per share tied to Breast Health revenue milestones in fiscal 2026 and 2027.
-
October 20, 2025
- Buyer
- EQT Foundation
- Target
- Syngular Technology
- Industry
- Medical Devices
- Location
- Hong Kong
- Type
- Growth capital
EQT Foundation has invested €100,000 via a SAFE in Hong Kong-based Syngular Technology to support scaling its AI- and AR-powered surgical guidance platform across Hong Kong and to build capacity for growing clinical demand. Syngular's system—used in 80+ real patient cases and piloted with the Hong Kong Hospital Authority—combines real-time AR overlays, AI anatomical segmentation and digital-twin generation to improve surgical precision and reduce operating time.
-
October 20, 2025
- Buyer
- ARCHIMED (affiliate of ARCHIMED, via MED Platform II fund)
- Target
- ZimVie
- Industry
- Medical Devices
- Location
- Florida, United States
- Type
- Buyout
ARCHIMED, via an affiliate and its MED Platform II fund, has agreed to acquire NASDAQ-listed ZimVie in a take-private transaction valued at approximately $730 million. ZimVie shareholders will receive $19.00 in cash per share, with the deal expected to close by the end of 2025 subject to customary approvals.
-
October 16, 2025
- Buyer
- Allegheny Performance Plastics
- Target
- Holbrook Tool and Molding, Inc.
- Industry
- Medical Devices
- Location
- Pennsylvania, United States
- Type
- Buyout
Allegheny Performance Plastics has acquired Holbrook Tool and Molding, Inc., a precision injection molding and tooling company based in Meadville, Pennsylvania. The transaction expands Allegheny’s medical molding and tooling capabilities, adding tight-tolerance mold building and insert molding expertise for medical manufacturing.
-
October 16, 2025
- Buyer
- Precision BioLogic Inc.
- Target
- George King Bio-Medical, Inc.
- Industry
- Medical Devices
- Location
- Kansas, United States
- Type
- Buyout
Precision BioLogic Inc., a Halifax-based developer of hemostasis diagnostic products, has acquired George King Bio-Medical, Inc., a provider of fresh frozen human plasmas and hemostasis diagnostic reagents based in Overland Park, Kansas. The acquisition is intended to combine product portfolios and continue serving the bleeding disorders community while exploring new opportunities under the Precision BioLogic umbrella.
-
- Buyer
- Vance Street Capital
- Target
- Molded Rubber and Plastic Corporation (MRPC)
- Seller
- MRPC shareholders / family owners
- Industry
- Medical Devices
- Location
- Wisconsin, United States
- Type
- Buyout
Los Angeles-based private equity firm Vance Street Capital has partnered with Molded Rubber and Plastic Corporation (MRPC), a family-owned, ISO 13485-certified medical device contract manufacturer headquartered in Butler, Wisconsin. Vance Street will support MRPC's capability and capacity expansion while existing CEO and shareholder Greg Riemer will remain in place; financial and legal advisors and lenders were disclosed but transaction terms were not.
-
October 13, 2025
- Buyer
- Keensight Capital
- Target
- Bedfont Scientific Ltd.
- Industry
- Medical Devices
- Location
- Kent, United Kingdom
- Type
- Buyout
Keensight Capital has acquired a majority stake in Bedfont Scientific Ltd., a UK-based designer and manufacturer of non-invasive breath analysis medical devices. The investment will support Bedfont's international expansion, product innovation and potential M&A-driven growth while existing shareholders reinvest alongside Keensight.
-
- Buyer
- Promus Equity Partners
- Target
- Dr. Comfort
- Seller
- Enovis Corporation
- Industry
- Medical Devices
- Location
- Wisconsin, United States
- Type
- Buyout
Promus Equity Partners, a Chicago-based private equity firm, completed its acquisition of Dr. Comfort from Enovis Corporation on October 7, 2025. Promus will operate Dr. Comfort as an independent business and partner with management — including newly appointed CEO Kunal Nandy — to invest in product innovation and strengthen the company's position in therapeutic diabetic footwear.
-
October 7, 2025
- Buyer
- Zimmer Biomet Holdings, Inc.
- Target
- Monogram Technologies Inc.
- Industry
- Medical Devices
- Location
- United States
- Type
- Buyout
Zimmer Biomet Holdings, Inc. has completed its acquisition of Monogram Technologies Inc., an AI-driven orthopedic robotics company. The deal adds Monogram’s CT-based semi- and fully autonomous robotic technologies to Zimmer Biomet’s ROSA Robotics platform, aiming to broaden robotic and navigation capabilities for orthopedic procedures.
-
October 2, 2025
- Buyer
- Ahlstrom Oyj
- Target
- EBF (Eastern Business Forms, Inc.)
- Industry
- Medical Devices
- Location
- South Carolina, United States
- Type
- Buyout
Ahlstrom Oyj has acquired EBF (Eastern Business Forms), a Greenville, South Carolina–based manufacturer of 903 specimen collection cards and related newborn screening devices. The purchase brings EBF into Ahlstrom’s Filtration and Life Sciences division, strengthening Ahlstrom’s converting and card-manufacturing capabilities for diagnostic and life-science markets.
-
October 2, 2025
- Buyer
- GSI Group Holdings, L Squared Capital Partners
- Target
- GenesisBPS
- Industry
- Medical Devices
- Location
- New Jersey, United States
- Type
- Addon
GSI Group Holdings, a portfolio platform of L Squared Capital Partners, has acquired GenesisBPS, a designer and manufacturer of benchtop blood processing equipment and laboratory consumables. The add-on expands GSI Group’s capabilities in blood processing workflows and strengthens its global benchtop equipment and consumables platform.
-
September 30, 2025
- Buyer
- Artemis Capital Partners
- Target
- Millrock Technology Inc.
- Industry
- Medical Devices
- Location
- New York, United States
- Type
- Buyout
Artemis Capital Partners, a Boston-based private equity firm, has acquired Millrock Technology Inc., a Kingston, New York manufacturer of lyophilization (freeze-drying) instrumentation and process development tools for the pharmaceutical, biotech, and diagnostics markets. Under Artemis’ ownership Millrock will continue to operate independently from its Kingston facility while Artemis invests to scale the company’s technical capabilities and global reach.
-
- Buyer
- Resonetics
- Target
- Eden Holdings, Eden Manufacturing, Eden Tool
- Industry
- Medical Devices
- Location
- Pennsylvania, United States
- Type
- Addon
Resonetics has acquired Eden Holdings (comprising Eden Manufacturing and Eden Tool), adding precision micro-molding, insert-molding, and advanced machining and tooling to its MedTech manufacturing capabilities. The deal expands Resonetics' polymer and tooling capabilities to better serve medical device OEM end markets including robotic surgery, minimally invasive surgery, electrophysiology, and rapid diagnostics.
-
September 19, 2025
- Buyer
- Biogen
- Target
- Alcyone Therapeutics
- Industry
- Medical Devices
- Location
- Massachusetts, United States
- Type
- Buyout
Biogen has acquired Alcyone Therapeutics to obtain the ThecaFlex DRx intrathecal drug‑delivery system, integrating Alcyone employees into Biogen’s product delivery solutions team. Alcyone will receive $85 million upfront plus contingent milestone payments; Biogen will handle development, commercialization and manufacturing of ThecaFlex DRx while Alcyone’s remaining therapeutic assets are being divested into Neela Therapeutics.
-
September 18, 2025
- Buyer
- SAM Medical
- Target
- TyTek Medical
- Seller
- TyTek Group
- Industry
- Medical Devices
- Location
- Ohio, United States
- Type
- Buyout
SAM Medical has acquired TyTek Medical (part of the TyTek Group) to expand its proprietary emergency medical product offering. TyTek operations will be relocated to Tualatin, Oregon, and SAM will leverage its global reach to broaden customer support for TyTek’s chest decompression needles.
-
September 18, 2025
- Buyer
- Aspen Surgical, Audax Private Equity
- Target
- Cygnus Medical, Flagship Surgical
- Industry
- Medical Devices
- Location
- United States
- Type
- Addon
Aspen Surgical, a portfolio company of Audax Private Equity, has acquired Cygnus Medical and Flagship Surgical to expand its perioperative product offering. The add-on deals broaden Aspen’s infection-prevention and OR safety capabilities and mark entry into the endoscopy market; financial terms were not disclosed.
-
September 16, 2025
- Buyer
- TEAM Technologies, Arlington Capital Partners
- Target
- TAG3 Engineering LLC
- Industry
- Medical Devices
- Location
- Florida, United States
- Type
- Addon
TEAM Technologies, a portfolio company of Arlington Capital Partners, has acquired TAG3 Engineering LLC, a MedTech design, development, and manufacturing firm based in Sunrise, Florida. The add-on expands TEAM Tech's front-end design, regulatory/V&V, and product innovation capabilities to accelerate speed-to-market across cardiovascular, neurovascular and other minimally invasive device markets.
-
September 15, 2025
- Buyer
- Avanos Medical, Inc.
- Target
- Nexus Medical, LLC
- Industry
- Medical Devices
- Location
- Kansas, United States
- Type
- Buyout
Avanos Medical has acquired Nexus Medical, a privately held maker of the TKO anti-reflux needleless connector based in Lenexa, Kansas. The purchase adds Nexus' IV therapy connector technology to Avanos' Specialty Nutrition Systems business to strengthen medication and nutrition delivery in high-acuity settings such as NICUs and PICUs.
-
September 12, 2025
- Buyer
- B. Braun SE, Aesculap (B. Braun surgical division)
- Target
- True Digital Surgery
- Industry
- Medical Devices
- Location
- California, United States
- Type
- Buyout
B. Braun SE has completed a full acquisition of True Digital Surgery (TDS), bringing the Goleta-based developer of robotic-assisted 3D surgical microscopy fully into its Aesculap surgical division. The deal integrates TDS's team and IP to accelerate development and global rollout of the AEOS digital exoscope platform for neurosurgery, spine and ENT procedures; financial terms were not disclosed.
-
September 10, 2025
- Buyer
- MegaGen Implant
- Target
- BIOLASE
- Industry
- Medical Devices
- Location
- California, United States
- Type
- Buyout
MegaGen Implant, a South Korea–based dental implant manufacturer, has acquired BIOLASE, the Foothill Ranch, California–based leader in dental laser technology. The deal brings BIOLASE under MegaGen's ownership with MegaGen founder Dr. Kwang Bum Park named BIOLASE's new CEO and signals renewed investment, operational integration, and capability expansion of BIOLASE's product and service offerings.
-
September 4, 2025
- Buyer
- Proclinic Group, Miura Partners
- Target
- Cenger Scandinavia
- Industry
- Medical Devices
- Location
- Denmark
- Type
- Addon
Proclinic Group, a European dental platform backed by Miura Partners, has acquired Cenger Scandinavia, a leading dental distributor in Denmark with more than 1,300 clients and the number one distributor in the dental laboratory segment. The acquisition marks Proclinic Group's entry into the Nordic market and is intended to expand the Group's European footprint, enhance its service offering for dental professionals, and generate commercial synergies in the region.
-
September 4, 2025
- Buyer
- Safe Life
- Target
- AED Brands
- Seller
- Keith Hildebrandt
- Industry
- Medical Devices
- Location
- Georgia, United States
- Type
- Buyout
Safe Life, a Sweden-based group focused on life-saving equipment, has acquired AED Brands, an Atlanta-area (Kennesaw, Georgia) distributor of automated external defibrillators, consumables and AED readiness services. The deal expands Safe Life's U.S. footprint and capabilities in AED sales and program services while preserving AED Brands' team and brand.
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