The Walden Group Advises ASICO, LLC in its Sale to Katena Products, Inc.

4/28/2021

The Walden Group is pleased to announce that it represented ASICO, LLC in its sale to Katena Products, Inc.

The principals of ASICO engaged Walden, in large part, due to its substantial track record and experience in regard to ophthalmic industry transactions.

Walden had represented: Katena in its 2009 sale to Cortec Group and its subsequent purchase of IOP (amniotic membranes); Endo Optiks (ophthalmic endoscopy and minimally invasive glaucoma treatment) in its sale to BVI (when owned by Roundtable Healthcare Partners); Halma plc in its purchases of MicroSurgical Technology (maker of the Malyugin ring pupil expander and other products) and Visiometrics (diagnostic equipment to assess the early onset of cataracts); and other clients in the ophthalmic diagnostic and medical and surgical treatment areas.

 

About ASICO

ASICO has been an industry leader for over 35 years – providing high-quality ophthalmic surgical instruments, with a special focus on the design of new products and technologies. ASICO’s product range encompasses over 1,500 items including stainless steel and titanium instruments, single-use cannulas and blades, and selection of diamond knives.

 

About Katena

Katena is a recognized worldwide leader in specialty surgical and consumable ophthalmic and optometric products. It markets a comprehensive line of surgical instruments, biologics, medical devices and optical lenses to physician offices, hospitals, and ambulatory surgery centers through their direct sales force and to international customers in over 110 countries through an extensive distributor network. Katena is owned by Audax Private Equity, a Boston-based private equity firm.

 

About The Walden Group

The Walden Group is a healthcare mergers & acquisition advisory firm. We represent privately-owned companies seeking to divest operations or find a home within an appropriate strategic or private equity firm. We also represent operating companies and financial sponsors seeking to make corporate acquisitions and investments in the healthcare sector. Our approach is "full-immersion", with more than 30 years of healthcare experience, deep industry knowledge, a worldwide network of close relationships and a lengthy track record of completed transactions.

 

The Walden Group, Inc.

560 White Plains Rd. I Tarrytown, NY 10591

914 332 9700 / efax 914 303 5043

office@waldenmed.com

www.waldenmed.com