Investment Summary

Galen Partners Invests In Tactile Medical

On October 4, 2012, growth capital firm Galen Partners invested in medical products company Tactile Medical

Investment Highlights
  • This is Galen Partners’ 5th transaction in the Medical Products sector.
  • This is Galen Partners’ 24th transaction in the United States.
  • This is Galen Partners’ 1st transaction in Minnesota.
Investment Fate
  • Tactile Medical went public in 2016.

Investment Summary

Date 2012-10-04
Target Tactile Medical
Sector Medical Products
Investor(s) Galen Partners
Deal Type Venture

Target

Tactile Medical

Minneapolis, Minnesota, United States
Tactile Medical manufactures and markets the Flexitouch system, an innovative medical device developed for at-home treatment of lymphedema and chronic wounds. Tactile Medical's offering includes advanced, clinically proven pneumatic compression devices, as well as continuity of care services provided by a national network of product specialists and trainers, reimbursement experts, patient advocates, and clinicians. Tactile Medical was founded in 1995 and is based in Minneapolis, Minnesota.

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Investor(S) 1

Investor

Galen Partners

Stamford, Connecticut, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1990
PE ASSETS 1.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Galen Partners is a private equity firm that targets investments in the healthcare industry. Areas within healthcare that Galen will consider include medical devices & technology, specialty pharmaceuticals, and information technology/services. Galen typically invests between $10 and $30 million per transaction in companies with a proprietary product or service that have attained revenues above $10 million. Prospective transactions include growth equity investments, complete buyouts, family business or other recapitalizations, going-private transactions, roll-overs of a portion of existing equity, and management buyouts. Galen Partners was formed in 1990 and is based in Stamford, Connecticut.


DEAL STATS #
Overall 25 of 29
Sector: Medical Products M&A 5 of 5
Type: Venture M&A Deals 13 of 13
State: Minnesota M&A 1 of 1
Country: United States M&A 24 of 28
Year: 2012 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-01 National Rehab Equipment

Moon Township, Pennsylvania, United States

National Rehab Equipment, Inc. is a provider of home healthcare product distribution and reimbursement services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-24 Aperio Technologies

Vista, California, United States

Aperio Technologies, Inc. is a provider of ePathology solutions. Aperio products are transforming the practice of pathology in hospitals, reference labs, and pharmaceutical and research institutions around the world.

Sell -