Cirtec - M&A Summary, Ownership, and Business Overview

Medical ProductsCompany

Cirtec M&A Summary

Cirtec has acquired 8 companies of its own, including 3 in the last 5 years.

Cirtec’s largest acquisition to date was in 2023, when it acquired QSR - Precision Components Division for $131M. Cirtec has acquired in 5 different US states, and 2 countries. The Company’s most targeted sectors include medical products (50%) and semiconductors (25%).

Cirtec Ownership

Who owns Cirtec?

Cirtec is owned by 3i Private Equity. It was acquired on August 4, 2017.

Is Cirtec PE-backed?

Yes. Cirtec is owned by private equity investor 3i Private Equity.

Was Cirtec formerly PE-backed?

Yes. Cirtec was formerly owned by 3 private investors.

Cirtec Business Overview

Where is Cirtec headquartered?

Cirtec is headquartered in Brooklyn Park, Minnesota.

What sector is Cirtec in?

Cirtec is a medical products company.

When was Cirtec founded?

Cirtec was founded in 1986.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity8
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 2

Cirtec

Cirtec Medical

9200 Xylon Avenue North,
Brooklyn Park, Minnesota 55445
United States,
(763) 493-8556
www.cirtecmed.com

Cirtec Medical is a provider of comprehensive medical product design and manufacturing solutions from concept through high-volume finished goods across all therapeutic categories. Cirtec Medical's technically-driven, 130-person team has particular expertise in minimally invasive systems, active and passive implants, and medical electronics. Cirtec Medical was founded in 1986 and is based in Brooklyn Park, Minnesota.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 5 1 1 - 1 - 8
vol $131M $131M
Sell (0.0/yr) # - - - - - - 0
  8

Most Recent M&A

Company Date Value Type
QSR - Precision Components Division 2023-01-31 131M CAD Divestiture
Pepper Pike, Ohio
Cardea Catheter Innovations LLC 2021-07-26 - Add-on Acquisition
San Jose, California · www.cardeacath.com
NovelCath 2020-12-17 - Add-on Acquisition
Minneapolis, Minnesota · www.novelcath.com
Metrigraphics LLC 2018-12-21 - Add-on Acquisition
Lowell, Massachusetts · www.metrigraphicsllc.com
Cactus Semiconductor, Inc. 2018-10-31 - Add-on Acquisition
Chandler, Arizona · www.cactussemiconductor.com
Vascotube GmbH 2017-12-04 - Add-on Acquisition
Birkenfeld, Germany · www.vascotube.com
Top Tool Co. 2017-08-07 - Add-on Acquisition
Minneapolis, Minnesota · www.toptool.com
Stellar Technologies, Inc. 2016-08-01 - Add-on Acquisition
Brooklyn Park, Minnesota · www.stellar-technologies.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Medical Products 4 (50%) - - -
Semiconductors 2 (25%) - - -
Machinery 1 (13%) - - -
Plastics 1 (13%) 131M (100%) - -
Total 8 $131M - -

By Geo

State/Country Buy Value Sell Value
United States 7 131M - -
  Minnesota 3 - - -
  Ohio 1 131M - -
  Massachusetts 1 - - -
  California 1 - - -
  Arizona 1 - - -
Germany 1 - - -
Domestic 7 (88%) 131M (100%) - -
Cross-border 1 (13%) - - -
Total 8 $131M - -

Deal Values

buy # Total
$100M to $1B 1 $131M
TOTAL $131M
Largest QSR - Precision Components Division
$131M (2023-01-31)

M&A Connections

Deals
Acquired from
Strategic(s)
13%
1 (13%)

 Subscribe to unlock this and 209,130
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 202K M&A Transactions
  • 205K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.