M&A Deal Summary

QHP Capital Acquires Spectra Medical Devices

On October 1, 2021, private equity firm QHP Capital acquired manufacturer Spectra Medical Devices

Acquisition Highlights
  • This is QHP Capital’s 1st transaction in the Manufacturing sector.
  • This is QHP Capital’s 7th transaction in the United States.
  • This is QHP Capital’s 2nd transaction in Massachusetts.

M&A Deal Summary
Date 2021-10-01
Target Spectra Medical Devices
Sector Manufacturing
Buyer(s) QHP Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Spectra Medical Devices

Wilmington, Massachusetts, United States
Spectra Medical Devices is a procedural needle manufacturers, with substantial market share in over 20 countries. Spectra utilizes the latest state-of-the-art manufacturing, measuring and inspection systems, along with over 200 years of senior staff needle manufacturing experience. Spectra Medical Devices was founded in 1995 and is based in Wilmington, Massachusetts.

Search 201,429 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

QHP Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2022
Size Middle-Market
Type Sector Focused
DESCRIPTION

QHP Capital is a private equity firm focused on healthcare businesses in the middle-market. Specific areas of interest include tech-enabled life sciences and pharma service companies. The Firm seeks to partner with management teams in founder or family-owned companies, and invests in buyouts and other transaction types. QHP Capital was founded in 2022 and is headquartered in Raleigh, North Carolina.

DEAL STATS #
Overall 7 of 11
Sector (Manufacturing) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 3 of 5
State (Massachusetts) 2 of 2
Country (United States) 7 of 11
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-23 Pro-ficiency

Raleigh, North Carolina, United States

Pro-ficiency is an eLearning provider of tech-enabled training and compliance solutions for clinical trials. The Company provides a comprehensive suite of services, including a turn-key offering of customized, virtual training simulations, training, and compliance monitoring tools, and real-time data & predictive analytics. Pro-ficiency was founded in 2014 and is based in Raleigh, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-07 Lexitas Pharma Services

Durham, North Carolina, United States

Lexitas Pharma Services is a provider of solutions including clinical trial and medical strategy services to pharmaceutical and biotechnology companies that are developing ophthalmology products. Lexitas Pharma Services was founded in 2011 and is based in Durham, North Carolina.

Buy -
Mergr

Product

Company

Legal