M&A Deal Summary

Aspen Surgical Acquires Symmetry Surgical

On October 27, 2022, Aspen Surgical acquired medical products company Symmetry Surgical from RoundTable Healthcare Management

Acquisition Highlights
  • This is Aspen Surgical’s 5th transaction in the Medical Products sector.
  • This is Aspen Surgical’s 5th transaction in the United States.
  • This is Aspen Surgical’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2022-10-27
Target Symmetry Surgical
Sector Medical Products
Buyer(s) Aspen Surgical
Sellers(s) RoundTable Healthcare Management
Deal Type Add-on Acquisition

Target

Symmetry Surgical

Nashville, Tennessee, United States
website
Symmetry Surgical is a developer of high-quality surgical instruments that respond to clinicians’ needs as they arise, making a real difference in the lives of patients. Symmetry Surgical was founded in 1976 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

Aspen Surgical

Caledonia, Michigan, United States

website


Category Company
Founded 1999
Sector Medical Products
DESCRIPTION

Aspen Surgical is a manufacturer and marketer of both OEM and branded disposable medical products for surgical and general healthcare applications. Aspen Surgical Product's major products included surgical needles, surgical skin markers, disposable light handles, instrument guards, anti-fog solutions, and surgical accessories. Aspen Surgical was founded in 1999 and is based in Caledonia, Michigan.


DEAL STATS #
Overall 6 of 6
Sector (Medical Products) 5 of 5
Type (Add-on Acquisition) 5 of 5
State (Tennessee) 1 of 1
Country (United States) 5 of 5
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-14 Briggs Healthcare - Stork

Moines, Iowa, United States

Briggs Healthcare - Stork products includes high-quality, branded sterile disposable obstetric products, such as the Plastibell® Disposable Circumcision Device, the Amnihook® Amniotic Membrane Perforator, the Double-Grip® Umbilical Cord Clamp, the Umbilical Cord Clamp® Clipper, the U-Bag® Pediatric Urine Collection Bag, and the Ready-Rolled® FootPrinter.

Buy -

Seller(S) 1

SELLER

RoundTable Healthcare Management

Lake Forest, Illinois, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2001
PE ASSETS 2.9B USD
Size Large
Type Sector Focused
DESCRIPTION

RoundTable Healthcare Partners is a specialist private equity firm that targets equity and junior capital investments in the healthcare industry. Specific areas of interest include medical devices, medical products and disposables, specialty pharmaceuticals, medication delivery systems, specialty distribution, and outsourced healthcare services. RoundTable typically makes equity investments of approximately $5 to $50 million in platform companies with revenues ranging from $25 to $300 million. RoundTable will not invest in service-oriented provider segments (such as managed care companies, hospitals or nursing homes), internet or biotechnology companies, or start-up/venture situations. RoundTable was formed in 2001 and is based in Lake Forest, Illinois.


DEAL STATS #
Overall 18 of 19
Sector (Medical Products) 11 of 12
Type (Add-on Acquisition) 14 of 14
State (Tennessee) 1 of 1
Country (United States) 17 of 18
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-01 Advantice Health

Cedar Knolls, New Jersey, United States

Advantice Health consists of market-leading therapeutic health & wellness brands that are primarily in the skincare, footcare and first aid product categories. The Company’s branded products lead with efficacy and science, and are sold through an assortment of brick-and-mortar and e-commerce retailers across North America. Advantice Health is based in Cedar Knolls, New Jersey.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-02 TIDI

Neenah, Wisconsin, United States

TIDI is a manufacturer, marketer, and distributor of a diversified portfolio of medical products focused on supporting caregivers and protecting patients. Based in Neenah, WI, the Company's broad product set is designed to help customers prevent "Never Events" (medical errors that should never occur), reduce costs, increase efficiencies, and drive better patient outcomes. TIDI Products was founded in 1969 and is based in Neenah, Wisconsin.

Sell -