M&A Deal Summary

Merit Medical Acquires Cook Medical - Lead Management Business

On November 1, 2024, Merit Medical acquired medical products company Cook Medical - Lead Management Business from Cook Medical for 210M USD

Acquisition Highlights
  • This is Merit Medical’s 17th transaction in the Medical Products sector.
  • This is Merit Medical’s largest (disclosed) transaction.
  • This is Merit Medical’s 19th transaction in the United States.
  • This is Merit Medical’s 1st transaction in Indiana.

M&A Deal Summary

Date 2024-11-01
Target Cook Medical - Lead Management Business
Sector Medical Products
Buyer(s) Merit Medical
Sellers(s) Cook Medical
Deal Type Divestiture
Deal Value 210M USD

Target

Cook Medical - Lead Management Business

Bloomington, Indiana, United States
Cook Medical’s lead management business provides a comprehensive end-to-end product portfolio of medical devices and accessories used in lead management procedures for patients who need a pacemaker or an implantable cardioverter-defibrillator lead removed or replaced. Cook Medical’s lead management business is based in Bloomington, Indiana.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Merit Medical

South Jordan, Utah, United States

Category Company
Founded 1987
Sector Medical Products
Employees7,400
Revenue 1.4B USD (2024)
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 19 of 21
Sector: Medical Products M&A 17 of 19
Type: Divestiture M&A Deals 11 of 12
State: Indiana M&A 1 of 1
Country: United States M&A 19 of 21
Year: 2024 M&A 2 of 2
Size (of disclosed) 1 of 16
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-20 Biolife

Sarasota, Florida, United States

Biolife manufactures innovative healthcare and first-aid solutions designed to improve patient quality of life. The company's products consist of a powder with two main ingredients: potassium ferrate and a hydrophilic polymer. The products work independently of the clotting cascade to seal the wound or vascular access site while accelerating hemostasis. StatSeal products for the healthcare industry are available in powder and disc (compressed powder) form. WoundSeal products for the consumer and occupational health industries are available in powder form. Biolife is headquartered in Sarasota, Florida.

Buy $120M

Seller(S) 1

SELLER

Cook Medical

Bloomington, Indiana, United States

Category Company
Founded 1963
Sector Medical Products
DESCRIPTION

Cook Medical has worked closely with physicians to develop technologies that eliminate the need for open surgery. Today company are combining medical devices, biologic materials and cellular therapies to help the world’s healthcare systems deliver better outcomes more efficiently.


DEAL STATS #
Overall 4 of 4
Sector: Medical Products M&A 4 of 4
Type: Divestiture M&A Deals 4 of 4
State: Indiana M&A 4 of 4
Country: United States M&A 4 of 4
Year: 2024 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-07 Cook Medical - Reproductive Health business

Bloomington, Indiana, United States

Cook Medical's Reproductive Health business developing products for obstetrics and gynecology. Cook Medical's Reproductive Health business is based in Bloomington, Indiana.

Sell $875M