Investment Summary

Altaris Invests In Minnetronix Medical

On January 26, 2016, private equity firm Altaris invested in medical products company Minnetronix Medical

Investment Highlights
  • This is Altaris’ 9th transaction in the Medical Products sector.
  • This is Altaris’ 18th transaction in the United States.
  • This is Altaris’ 2nd transaction in Minnesota.

Investment Summary

Date 2016-01-26
Target Minnetronix Medical
Sector Medical Products
Investor(s) Altaris
Deal Type Growth Capital

Target

Minnetronix Medical

St. Paul, Minnesota, United States
Minnetronix Medical is a provider of product design, development, and manufacturing services to the medical technology industry. Minnetronix is also developing a variety of proprietary platform technologies with clinical breakthrough potential. Minnetronix Medical was formed in 1996 and is based in St. Paul, Minnesota.

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Investor(S) 1

Investor

Altaris

New York City, New York, United States

Category Private Equity Firm
Founded 2003
PE ASSETS 10.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Altaris is a specialist private equity firm that targets investments in the healthcare industry. Altaris focuses its investment activity across the healthcare sector, including pharmaceuticals, medical devices, healthcare services and healthcare IT. Altaris will consider both control and non-control investment situations requiring $15 to $50 million of equity capital. Prospective investment situations include corporate carve-outs, leveraged buyouts, and growth equity/recapitalization investments. Altaris was formed in 2004 and is based in New York, New York.


DEAL STATS #
Overall 19 of 36
Sector (Medical Products) 9 of 13
Type (Growth Capital) 6 of 8
State (Minnesota) 2 of 4
Country (United States) 18 of 34
Year (2016) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-08 Ci Medical Technologies

Latrobe, Pennsylvania, United States

Ci Medical Technologies, Inc. is a full-service contract manufacturer of injection-molded components used in medical devices and pharmaceutical products.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-29 M2S

West Lebanon, New Hampshire, United States

M2S, Inc. is a provider of registry software technology designed for healthcare quality improvement. M2S provides technology and services to the healthcare industry to manage clinical information, reduce costs, and improve the quality of patient care.

Sell -