M&A Deal Summary

General Surgical Innovations Acquires Adjacent Surgical

On October 1, 1995, General Surgical Innovations acquired medical products company Adjacent Surgical from Three Arch Partners for 3M USD

Acquisition Highlights
  • This is General Surgical Innovations’ 1st transaction in the Medical Products sector.
  • This is General Surgical Innovations’ largest (disclosed) transaction.
  • This is General Surgical Innovations’ 1st transaction in the United States.
  • This is General Surgical Innovations’ 1st transaction in California.

M&A Deal Summary

Date 1995-10-01
Target Adjacent Surgical
Sector Medical Products
Buyer(s) General Surgical Innovations
Sellers(s) Three Arch Partners
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

Adjacent Surgical

Cupertino, California, United States
Adjacent Surgical, Inc. is a developer of less invasive instruments for performing saphenous vein harvesting associated with coronary artery bypass grafting procedures.

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Buyer(S) 1

Buyer

General Surgical Innovations

Cupertino, California, United States

Category Company
Founded 1992
Sector Medical Products
Employees93
DESCRIPTION

General Surgical Innovations, Inc. is a medical manufacturer and distributor of SPACEMAKER(R) balloon dissection-devices used in minimally invasive surgical procedures.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (1995) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Three Arch Partners

San Mateo, California, United States

Category Private Equity Firm
Founded 1993
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Three Arch Partners is an investor in healthcare companies, including medical devices, diagnostics, and healthcare services. Three Arch primarily invests in early stage companies, however the Firm will consider select later stage investments. Three Arch typically invests alongside others and looks to commit $100k to $15 million per investment. Three Arch Partners was formed in 1993 and is based in San Mateo, California.


DEAL STATS #
Overall 1 of 24
Sector (Medical Products) 1 of 14
Type (Add-on Acquisition) 1 of 16
State (California) 1 of 17
Country (United States) 1 of 24
Year (1995) 1 of 1
Size (of disclosed) 11 of 11
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-05-14 Arcadian Management Services

Oakland, California, United States

Arcadian Management Services, Inc. is a health care services company dedicated to providing high-quality, cost-effective health plans, administrative infrastructure, and management services to our members, health care provider groups, hospitals and health plans.

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