Medical Devices Acquisitions in Missouri

Solventum (NYSE: SOLV) has completed the acquisition of Acera Surgical, a privately held bioscience company that develops synthetic tissue matrices for regenerative wound care, for $725 million upfront plus up to $125 million in contingent payments. The deal expands Solventum's MedSurg and advanced wound care portfolio with Acera's synthetic electrospun matrix technology; Acera is expected to generate about $90 million in sales in 2025.

Drive DeVilbiss Healthcare (DDH) acquired Mobility Designed, Inc.'s full portfolio of products, including the M+D Comfort Crutch, and will integrate the company's industrial design expertise into DDH’s operations. Mobility Designed co-founder Max Younger will join DDH as Senior Director of Industrial Design & Innovation to support product launches and drive design-led innovation across DDH’s medical equipment lineup. The acquisition expands DDH’s product portfolio and in-house design capabilities to enhance patient outcomes.

Capsa Healthcare, a portfolio company of Levine Leichtman Capital Partners, has acquired MASS Medical Storage, a Kansas City-based designer and manufacturer of medical storage cabinets and endoscope drying/storing carts. The acquisition expands Capsa’s acute care product offering and addressable market by adding complementary endoscope and procedural storage solutions, supporting Capsa’s continued roll-up strategy under LLCP ownership.

Zavation Medical Products, a portfolio company of Gemspring Capital, has acquired CoreLink, a vertically integrated spinal implant and instrumentation manufacturer, from The Stephens Group. The Stephens Group retains a minority stake; the combined business will be led by Zavation CEO Jeffrey Johnson with CoreLink CEO Jay Bartling serving as chairman, and the deal aims to expand the platform's product suite, manufacturing capabilities (including additive Mimetic Metal technology) and clinical education resources.

Boyd Industries has acquired the SMR ear/nose/throat (ENT) product line from Global Surgical Corporation, adding exam chairs, microscopes, and treatment cabinets to its portfolio. The deal expands Boyd's addressable markets beyond dentistry into broader medical/ENT markets and complements its U.S.-made operatory equipment offerings.

Altaris has completed the combination of its portfolio companies Kindeva Drug Delivery and Meridian Medical Technologies into a single, global drug‑device CDMO that will operate under the Kindeva name. The combined company expands capabilities across parenteral, inhalation, transdermal and intradermal delivery formats; Milton Boyer (formerly Meridian CEO) will lead the combined business.

Control Devices, LLC (a portfolio company of HBM Holdings) has acquired the medical gas regulator product line from Essex Industries. The product line will be marketed under the Control Devices brand and expands Control Devices' offerings in the medical gas regulator market; terms were not disclosed.

Altaris Capital Partners has entered into an agreement to acquire Meridian Medical Technologies from Pfizer. Meridian, a pioneer in emergency response drug-device combination products and auto-injectors with facilities in St. Louis, Missouri and Columbia, Maryland and more than 750 employees, will become an Altaris portfolio company to expand the firm's capabilities in medical countermeasures and emergency response solutions.

RoundTable Healthcare Partners’ portfolio company Healthcare Components Group (HCG) has acquired Endoscopy Development Company (EDC), a Maryland Heights, Missouri-based manufacturer of replacement and repair parts for flexible endoscopes. The add-on deal (financed with incremental senior debt and an incremental equity injection from RoundTable’s Equity Fund V) expands HCG’s endoscopy component portfolio and brings EDC’s ~100 employees and global distribution into the HCG platform.

Katena Products, a global provider of ophthalmic instruments and devices (PE-backed by Audax Private Equity), has acquired Micro-Select Instruments, a St. Clair, Missouri-based manufacturer of high-precision ophthalmic surgical instruments. Katena will combine Micro-Select with its prior St. Louis instrument acquisition to expand its instrument manufacturing capabilities and support its buy-and-build strategy.