M&A Deal Summary

Genesis MedTech Acquires TriReme Medical - Drug-coated Balloon Technology

On August 31, 2020, Genesis MedTech acquired medical products company TriReme Medical - Drug-coated Balloon Technology from TriReme Medical

Acquisition Highlights
  • This is Genesis MedTech’s 1st transaction in the Medical Products sector.
  • This is Genesis MedTech’s 1st transaction in the United States.
  • This is Genesis MedTech’s 1st transaction in California.

M&A Deal Summary

Date 2020-08-31
Target TriReme Medical - Drug-coated Balloon Technology
Sector Medical Products
Buyer(s) Genesis MedTech
Sellers(s) TriReme Medical
Deal Type Divestiture

Target

TriReme Medical - Drug-coated Balloon Technology

Pleasanton, California, United States
TriReme Medical, Inc.'s Drug-coated Balloon Technology provides patients suffering from peripheral vascular diseases a safer and more effective treatment than traditional balloon angioplasty.

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Buyer(S) 1

Buyer

Genesis MedTech

Singapore, Singapore

Category Company
Sector Medical Products
DESCRIPTION

Genesis MedTech is a medical device company focused on value segment multi-therapy medical device products for emerging markets with sales and distribution through its established commercial network. Genesis MedTech is based in Singapore.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

TriReme Medical

Pleasanton, California, United States

Category Company
Founded 2005
Sector Medical Products
DESCRIPTION

TriReme Medical, Inc. (TMI) is committed to providing high-quality products for physicians to use in the treatment of coronary artery disease. Our products improve patient care by simplifying the treatment of bifurcation lesions and providing interventional cardiologists with an easy-to-use stent system that enables flexible treatment options across a broad range of bifurcation anatomies and types.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1