M&A Deal Summary

Merit Medical Acquires Bluegrass Vascular Technologies - Surfacer® Inside-Out® Access Catheter System

On June 8, 2023, Merit Medical acquired medical products company Bluegrass Vascular Technologies - Surfacer® Inside-Out® Access Catheter System from Bluegrass Vascular Technologies for 33M USD

Acquisition Highlights
  • This is Merit Medical’s 14th transaction in the Medical Products sector.
  • This is Merit Medical’s 8th largest (disclosed) transaction.
  • This is Merit Medical’s 16th transaction in the United States.
  • This is Merit Medical’s 2nd transaction in Texas.

M&A Deal Summary
Date 2023-06-08
Target Bluegrass Vascular Technologies - Surfacer® Inside-Out® Access Catheter System
Sector Medical Products
Buyer(s) Merit Medical
Sellers(s) Bluegrass Vascular Technologies
Deal Type Divestiture
Deal Value 33M USD

Target

Bluegrass Vascular Technologies - Surfacer® Inside-Out® Access Catheter System

San Antonio, Texas, United States
Bluegrass Vascular Technologies' Surfacer® Inside-Out® Access Catheter System provides medical devices.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Merit Medical

South Jordan, Utah, United States
Category Company
Founded 1987
Sector Medical Products
Employees6,950
Revenue 1.3B USD (2023)
DESCRIPTION

Merit Medical is engaged in development, manufacture and distribution of proprietary disposable medical devices used in interventional and diagnostic procedures, particularly in cardiology, radiology and endoscopy. Merit Medical was founded in 1987 and is based in South Jordan, Utah.

DEAL STATS #
Overall 16 of 18
Sector (Medical Products) 14 of 16
Type (Divestiture) 10 of 11
State (Texas) 2 of 2
Country (United States) 16 of 18
Year (2023) 2 of 2
Size (of disclosed) 8 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-08 AngioDynamics Dialysis Catheter Portfolio & BioSentry Biopsy Tract Sealant System

Latham, New York, United States

AngioDynamics' Dialysis Catheter Portfolio & BioSentry Biopsy Tract Sealant System provides dialysis catheter products.

Buy $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 EndoGastric Solutions

Redmond, Washington, United States

EndoGastric Solutions is a medical device company focused on endoluminal reconstructive gastric procedures, focused on treating upper gastrointestinal diseases, including gastroesophageal reflux disease (GERD) and obesity. EndoGastric Solutions was formed in 2003 and is based in Redmond, Washington.

Buy $105M

Seller(S) 1

SELLER

Bluegrass Vascular Technologies

San Antonio, Texas, United States
Category Company
Founded 2010
Sector Medical Products
DESCRIPTION

Bluegrass Vascular Technologies is a medical technology company dedicated to developing and commercializing lifesaving devices and methods that address shortcomings in vascular access procedures. Bluegrass Vascular Technologies was founded in 2010 and is based in San Antonio, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal