M&A Deal Summary

Merit Medical Acquires EndoGastric Solutions

On July 1, 2024, Merit Medical acquired medical products company EndoGastric Solutions from Accelmed for 105M USD

Acquisition Highlights
  • This is Merit Medical’s 15th transaction in the Medical Products sector.
  • This is Merit Medical’s 3rd largest (disclosed) transaction.
  • This is Merit Medical’s 17th transaction in the United States.
  • This is Merit Medical’s 1st transaction in Washington.

M&A Deal Summary
Date 2024-07-01
Target EndoGastric Solutions
Sector Medical Products
Buyer(s) Merit Medical
Sellers(s) Accelmed
Deal Type Add-on Acquisition
Deal Value 105M USD

Target

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.

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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 17 of 18
Sector (Medical Products) 15 of 16
Type (Add-on Acquisition) 7 of 7
State (Washington) 1 of 1
Country (United States) 17 of 18
Year (2024) 1 of 2
Size (of disclosed) 3 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
2024-11-01 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.

Buy $210M

Seller(S) 1

SELLER

Accelmed

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2009
Size Small
Type Sector Focused
DESCRIPTION

Accelmed is a global investment firm focused on providing investments in small and mid-cap private and public companies. The Firm looks to invest between $20 and $50 million in medical device companies and technologies with revenues between $20 and $70 million. Prospective transaction types include management buyouts and growth financings. Accelmed was formed in 2009 and is based in Miami, Florida.

DEAL STATS #
Overall 4 of 5
Sector (Medical Products) 3 of 4
Type (Add-on Acquisition) 2 of 3
State (Washington) 1 of 1
Country (United States) 3 of 4
Year (2024) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-01 Valcare Medical

Herzliya, Israel

Valcare Medical is dedicated to providing innovative minimally-invasive technologies for the treatment of mitral and tricuspid regurgitation including repair and replacement devices. Valcare Medical was founded in 2012 and is based in Herzliya, Israel.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-23 Trukera Medical

Southlake, Texas, United States

Trukera Medical develops and markets lab-on-a-chip technologies that enable eye care practitioners to improve the standard of care by objectively testing for disease biomarkers in tears at the point-of-care. Trukera Medical is based in Southlake, Texas.

Sell -
Mergr

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