M&A Deal Summary

RoundTable Healthcare Management Acquires Symmetry Surgical

On May 2, 2016, private equity firm RoundTable Healthcare Management acquired medical products company Symmetry Surgical for 140M USD

Acquisition Highlights
  • This is RoundTable Healthcare Management’s 13th transaction in the Medical Products sector.
  • This is RoundTable Healthcare Management’s largest (disclosed) transaction.
  • This is RoundTable Healthcare Management’s 18th transaction in the United States.
  • This is RoundTable Healthcare Management’s 1st transaction in Tennessee.
Investment Fate
  • Symmetry Surgical was sold to a strategic buyer in 2022.

M&A Deal Summary
Date 2016-05-02
Target Symmetry Surgical
Sector Medical Products
Buyer(s) RoundTable Healthcare Management
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 140M USD
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)
Ropes & Gray (Legal)

Target

Symmetry Surgical

Nashville, Tennessee, United States
Symmetry Surgical is a developer of high-quality surgical instruments that respond to clinicians’ needs as they arise, making a real difference in the lives of patients. Symmetry Surgical was founded in 1976 and is based in Nashville, Tennessee.

Search 200,500 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

RoundTable Healthcare Management

Lake Forest, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2001
PE ASSETS 2.9B USD
Size Large
Type Sector Focused
DESCRIPTION

RoundTable Healthcare Partners is a specialist private equity firm that targets equity and junior capital investments in the healthcare industry. Specific areas of interest include medical devices, medical products and disposables, specialty pharmaceuticals, medication delivery systems, specialty distribution, and outsourced healthcare services. RoundTable typically makes equity investments of approximately $5 to $50 million in platform companies with revenues ranging from $25 to $300 million. RoundTable will not invest in service-oriented provider segments (such as managed care companies, hospitals or nursing homes), internet or biotechnology companies, or start-up/venture situations. RoundTable was formed in 2001 and is based in Lake Forest, Illinois.

DEAL STATS #
Overall 19 of 31
Sector (Medical Products) 13 of 14
Type (Buyout (LBO, MBO, MBI)) 13 of 17
State (Tennessee) 1 of 1
Country (United States) 18 of 30
Year (2016) 1 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-06 Excelsior Medical

Neptune, New Jersey, United States

Excelsior Medical Corp. is a manufacturer of pre-filled saline and heparin flush and lock syringes. Flush syringes are single-use, disposable medical devices used to clear infusion sites prior to and after each drug infusion to maintain catheter patency and prevent the mixture of incompatible drugs. Excelsior markets their flush syringes and syringe pump systems to customers throughout the world.

Sell $60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-18 BVI Medical

Waltham, Massachusetts, United States

BVI Medical is a global developer, manufacturer, and marketer of specialized surgical devices for ophthalmic procedures. BVI Medical was founded in 1965 and is based in Waltham, Massachusetts.

Sell -
Mergr

Product

Company

Legal