M&A Deal Summary

Aspen Surgical Acquires Briggs Healthcare - Stork

On June 14, 2021, Aspen Surgical acquired medical products company Briggs Healthcare - Stork from Briggs Healthcare

Acquisition Highlights
  • This is Aspen Surgical’s 4th transaction in the Medical Products sector.
  • This is Aspen Surgical’s 4th transaction in the United States.
  • This is Aspen Surgical’s 2nd transaction in Iowa.

M&A Deal Summary
Date 2021-06-14
Target Briggs Healthcare - Stork
Sector Medical Products
Buyer(s) Aspen Surgical
Sellers(s) Briggs Healthcare
Deal Type Divestiture

Target

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.

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Buyer(S) 1

Buyer

Aspen Surgical

Caledonia, Michigan, United States
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 5 of 6
Sector (Medical Products) 4 of 5
Type (Divestiture) 1 of 1
State (Iowa) 2 of 2
Country (United States) 4 of 5
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-24 BlueMed Medical Supplies

Saint-Laurent, Quebec, Canada

BlueMed Medical Supplies is a manufacturer of disposable shoe covers and other personal protection products. BlueMed Medical Supplies is based in Saint-Laurent, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-27 Symmetry Surgical

Nashville, Tennessee, United States

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.

Buy -

Seller(S) 1

SELLER

Briggs Healthcare

Moines, Iowa, United States
Category Company
Founded 1947
Sector Information Technology
DESCRIPTION

Briggs Healthcare is a trusted partner and provider of compliance tools and expertise to the post-acute market for more than 70 years. Briggs serves more than 50,000 customers with professional documentation systems and forms, compliance services, and data workflow and analytic capabilities through our subsidiary, SimpleLTC.

DEAL STATS #
Overall 1 of 3
Sector (Medical Products) 1 of 2
Type (Divestiture) 1 of 3
State (Iowa) 1 of 1
Country (United States) 1 of 3
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-01 ezPBJ

Rochester, New York, United States

ezPBJ creates software tools that help skilled nursing facilities assemble, validate, submit, audit and benchmark their Payroll-Based Journal data while giving facilities complete control of their Five Star Staffing Quality compliance reporting.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-30 SimpleLTC

Richardson, Texas, United States

SimpleLTC is a data analytics software company that simplifies regulatory compliance, reimbursement optimization, and quality measurement for post-acute care healthcare. Specialties include predictive MDS and quality measures analytics, MDS workflow and reporting, PBJ compliance, and state-specific Medicaid and reimbursement solutions. SimpleLTC is based in Richardson, Texas.

Sell -
Mergr

Product

Company

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