M&A Deal Summary

Aspen Surgical Acquires Protek Medical Products

On November 24, 2020, Aspen Surgical acquired medical products company Protek Medical Products

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

M&A Deal Summary

Date 2020-11-24
Target Protek Medical Products
Sector Medical Products
Buyer(s) Aspen Surgical
Deal Type Add-on Acquisition

Target

Protek Medical Products

Coralville, Iowa, United States
Protek Medical Products, Inc. is a manufacturer of single-use ultrasonic probe covers and needle guides used in tissue biopsies, fluid aspiration, and vascular access procedures as well as protective covers for medical instruments and equipment. Protek Medical Products was founded in 1996 and is based in Coralville, Iowa.

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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 3 of 6
Sector (Medical Products) 3 of 5
Type (Add-on Acquisition) 3 of 5
State (Iowa) 1 of 2
Country (United States) 3 of 5
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-04 Precept Medical Products

Arden, North Carolina, United States

Precept Medical Products, Inc. is a disposable medical products manufacturing company offering solutions to a variety of patient, staff, and environmental problems that plague the healthcare industry. Precept manufactures a complete line of protective apparel consisting of face masks, protective gowns, scrubs, headwear, shoe covers, warm-up jackets, lab coats, coveralls, and surgical drapes and gowns. Precept Medical Products was founded in 1991 and is based in Arden, North Carolina.

Buy -
FOLLOWING 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 -