CVS Acquires Signify Health for $8b

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CVS Health Corporation is buying Signify Health, a $773.4m provider of home and virtual healthcare services.  The acquisition adds a mobile network of 10,000 credentialed clinicians offering in-home evaluations of Medicare Advantage and Medicaid plan members.  The deal represents a shift in the drugstore chain’s traditional brick and mortar store foundation to home visits and remote care.  Last year, CVS announced …

Teleflex Acquires Standard Bariatrics for $170m

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Teleflex, a $2.8b producer of single-use devices for diagnostic, critical care and surgical applications, is buying Standard Bariatrics, a developer of a powered stapling technology for bariatric surgery.  Standard Bariatrics has commercialized its stapler platform which enables surgeons to place continuous staples in one firing, minimizing variations associated with multiple overlapping short-cartridge staple firings.  The device is used in sleeve …

Patient Square Capital to Acquire Hanger for $1.2b

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Hanger, Inc. (NYSE: HNGR), a $1.14b provider of orthotic and prosthetic (O&P) patient care services and devices, announced that it will be taken private by Patient Square Capital, a private investment firm.  Hanger operates 875 clinic locations nationwide and distributes branded and private label O&P devices. Deal value – $1.25b on sales of $1.14b (1.1x) and EBITDA of $68m(18.4x).   …

BD (Becton, Dickinson and Company) Completes $1.5b Acquisition of Parata Systems

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Parata Systems adds a portfolio of pharmacy automation solutions that reduce costs, enhance patient safety and improve patient experience for retail, hospital and long-term care pharmacies.  The pharmacy automation market is worth an estimated $600 million and is expected to grow approximately 10% annually to $1.5 billion in the U.S. alone over the next 10 years.  Parata’s offerings include vial …

OrthoPediatrics to Acquire Pega Medical

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OrthoPediatrics, a $98m producer of implants and devices that treat orthopedic conditions in children, is acquiring Canada-based Pega Medical, a developer of implant systems that treat bony deformities in children with osteogenesis imperfecta (brittle bone disease), for $33m.  The acquisition adds to OrthoPediatrics’ range of technologies addressing unique conditions in pediatric orthopedics.  Orthopediatrics acquired MD Orthopaedics, a producer of specialty …

Biosynth Carbosynth Acquires Aalto Bio Reagents

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  Biosynth Carbosynth, a provider of life science research products and contract manufacturing services, has purchased Ireland-based Aalto Bio Reagents, a supplier of biological materials serving the in-vitro diagnostic (IVD) and vaccine development markets.  In March 2022, Biosynth acquired vivitide, a provider of custom peptides and antibodies.  Biosynth is backed by private equity firms KKR and Ampersand Capital.  Terms not …

The Walden Group Releases Q1 2022 Strategic Healthcare M&A Report

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The Walden Group is pleased to provide access to its Q1 2022 Strategic Healthcare M&A Report, which includes:       Market Overview       Major M&A Deals by Sector       What the Leading CEOs are Saying       Performance of Leading Healthcare Companies       Analysis of More Than 50 Q1 M&A Transactions   …

The Walden Group was Engaged by Katalyst Surgical, LLC and Initiated Its Merger with Carl Zeiss Meditec AG

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 The Walden Group is pleased to announce that it was engaged by Katalyst Surgical, LLC and initiated its merger with an affiliate of Carl Zeiss Meditec AG, one of the world’s leading medical technology companies traded on the German Stock Exchange. Katalyst Surgical is a leader in vitreoretinal instruments, fiberoptic illumination, innovative light sources and other ophthalmic surgical technologies. Its …

Integer Acquires Aran Biomedical

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Integer Holdings Corporation, a $1.2b device outsource manufacturer has acquired Ireland-based Aran Biomedical, a producer of proprietary medical textiles, high precision biomaterial coverings and coatings and advanced metal and polymer braiding for implantable devices.  Aran Biomedical enables Integer to penetrate high growth cardiovascular markets including structural heart, neurovascular, peripheral vascular and endovascular and also general surgery applications.  Deal terms – $130m …

Teamvantage Acquires MMD Medical

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Custom contract manufacturer and injection molder Teamvantage has acquired MMD Medical, a contract manufacturer of components for large medical OEMs. The deal will enable Teamvantage to create a one-stop-shop with differentiated precision manufacturing capabilities. Teamvantage is a portfolio company of private equity firm Graham Partners. MMD Medical’s capabilities include injection molding, precision machining and mold building to scale the Teamvantage …