M&A Deal Summary

AirLife Acquires Avanos Medical - Respiratory Health Business

On June 8, 2023, AirLife acquired medical products company Avanos Medical - Respiratory Health Business from Avanos

Acquisition Highlights
  • This is AirLife’s 3rd transaction in the Medical Products sector.
  • This is AirLife’s 3rd transaction in the United States.
  • This is AirLife’s 1st transaction in Georgia.

M&A Deal Summary

Date 2023-06-08
Target Avanos Medical - Respiratory Health Business
Sector Medical Products
Buyer(s) AirLife
Sellers(s) Avanos
Deal Type Divestiture

Target

Avanos Medical - Respiratory Health Business

Alpharetta, Georgia, United States
Avanos Medical's Respiratory Health Business provides BALLARD*, MICROCUFF*, and endOclear® brands including closed suction catheters, endotracheal tubes, and oral care solutions.

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Buyer(S) 1

Buyer

AirLife

Grand Rapids, Michigan, United States

Category Company
Founded 1981
Sector Medical Products
DESCRIPTION

AirLife is the global leader in consumable breathing products, specializing in respiratory care, anesthesia, and patient monitoring solutions. AirLife was founded in 1981 and is based in Grand Rapids, Michigan.


DEAL STATS #
Overall 3 of 3
Sector: Medical Products M&A 3 of 3
Type: Divestiture M&A Deals 2 of 2
State: Georgia M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-28 Vyaire Medical - Respiratory and Anesthesia Consumables Business

Mettawa, Illinois, United States

Vyaire Medical's Respiratory and Anesthesia Consumables Business manufactures and markets respiratory and anesthesia consumables focused on airway management and operative care. Vyaire Medical's Respiratory and Anesthesia Consumables Business is based in Mettawa, Illinois.

Buy -

Seller(S) 1

SELLER

Avanos

Alpharetta, Georgia, United States

Category Company
Founded 2014
Sector Medical Products
Employees2,227
Revenue 688M USD (2024)
DESCRIPTION

Avanos is a medical technology company that provides healthcare solutions focused on preventing infection, eliminating pain and speeding recovery. Avanos was founded in 2014 and is based in Alpharetta, Georgia.


DEAL STATS #
Overall 1 of 3
Sector: Medical Products M&A 1 of 3
Type: Divestiture M&A Deals 1 of 3
State: Georgia M&A 1 of 3
Country: United States M&A 1 of 3
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 OrthogenRx

Doylestown, Pennsylvania, United States

OrthogenRx is a medical device company focused on the development and commercialization of treatments for knee pain caused by osteoarthritis (OA). OA is the most common cause of knee pain, causing sufferers significant pain and disability. OrthogenRx was founded in 2012 and is based in Doylestown, Pennsylvania.

Buy $160M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-19 Diros Technology

Toronto, Ontario, Canada

Diros Technology is a manufacturer of innovative radiofrequency (RF) products used to treat chronic pain conditions. Diros develops and markets a portfolio of products including RF generators, cannulae and unique tined probe technology marketed under the Trident™ brand. Diros Technology is based in Toronto, Ontario.

Buy -