Medical Devices Acquisitions in Delaware

Ingersoll Rand Inc. agreed to acquire ILC Dover from New Mountain Capital for approximately $2.325 billion in upfront cash plus an earnout tied to 2024 operating metrics. The acquisition establishes a life sciences platform within Ingersoll Rand's P&ST segment, expands the company's presence in biopharmaceutical and medical device markets, and brings ILC's ~2,000+ employees and global manufacturing footprint into the business.

Essity has acquired AquaCast Liner, a privately held US maker of waterproof cast liners based in Newark, Delaware. The acquisition expands Essity’s orthopedics product portfolio and strengthens its position in fracture management by adding waterproof and water-resistant cast liner products to its offering.

Gen Cap America, in partnership with existing management, has acquired Lab Products, LLC and Harford Systems, LLC from Avidity Science. Lab Products manufactures laboratory research animal housing, cages, and environmental control systems and is headquartered in Seaford, Delaware with a manufacturing facility in Aberdeen, Maryland. Terms of the transaction were not disclosed.

Safeguard Medical has acquired the Universal Splint product line from veteran‑owned VETRUN LLC, adding U.S.‑made splints to its trauma product portfolio. The acquisition broadens Safeguard's emergency medical offerings for both civilian first responders and military users; Safeguard Medical is a PE‑backed company (Water Street Healthcare Partners).